PlayStation 3 is now $249.99 – Price Cut is Official

August is the month to buy a new Sony PS3 console. Sony has just announced the new $249.99 price for the 160GB PS3 model which comes 2 years after they dropped it to $299.99. While many of us believed that the price cut would be announced at this year’s E3, Sony patiently waited for Gamescom 2011. In addition to the PS3 price cut, Sony also announced a 320GB PS3 Infamous 2 bundle for $299.99.

PS3 Price cut is now LIVE VIA Amazon, check it out! PlayStation 3 160GB System NOW $249.99 FREE Shipping!