At Sony's GamesCom 2009 press conference, SCEI CEO Kaz Hirai unveiled the PlayStation 3 Slim. The new model will be available in stores starting the first week of September 2009. It is roughly 1/3 smaller and lighter than the current PS3 (and uses 1/3 less power! Gcycle!!!). The Slim will come with a 120GB hard drive. Sadly, backwards compatibility will not be a part of the PlayStation 3 slim, as well. However, most importantly, it will be the cheapest PS3 to date, with a price of $299 USD. The lower price will also apply to all 80GB models still available.
What do you think of Sony's announcement? Will the price cut and new model be enough for the company to close the gap (in North America) with Microsoft? Will any of you be getting one? I want to see it up close and get details on backwards compatibility, but I'm quite tempted.