Today Sony announced perhaps the least shocking news of the year: the PlayStation 3 price drop.
Starting November 2 in North America, a new, cheaper 40GB model of the PS3 will be available in stores bundled with a "Spider-Man 3" Blu-ray disc for $399. Unlike the current line of 40GB PS3s, which are priced at $499 each, the new model doesn't offer backwards compatibility for PS2 titles. Jack Tretton, president of Sony Computer Entertainment America, told Reuters:
"We're choosing to focus on the PlayStation 2 consumer with the PlayStation 2, which remains incredibly relevant, and focus on the PlayStation 3 consumer with the new 40-gigabyte model and the great software coming out... Backward compatibility is a nice secondary consideration, but it's far from the number-one priority."
The company also dropped the price of the existing 80GB PS3 (which has limited backwards compatibility). Effective immediately, it is now $499, which is $100 less than the original launch price.
What do you think? Do you think shaving $100 off the PS3's price tag will make you more likely to pick one up? If you already have one, what do you think of today's price cut? Does the lack of PS2 backwards compatibility matter to anyone?

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