We already knew about the 80GB PS3 'MGS4' bundle, but now we know about the Gun Metal Gray Limited Edition bundle.
The bundle will cost $599.99 and comes with a 40GB gun metal PS3, Gun Metal DualShock3, and the Limited Edition of Metal Gear Solid 4.
That's cool and all... gun metal will probably look pretty awesome, but 40GB?! Why would you use the non-backwards compatible model of the console to push a franchise that remains one of the major reasons to still play PS2 games.
What about all the people that are going to play MGS4 as their first Metal Gear game and want to pick up the previous three titles?
Metal Gear Solid will run, though. The 40GB will still play PSX games.
PlayStation.Blog: MGS4 Limited Edition PS3 Hardware Bundle Details!