So they finally did it. For those looking on the sidelines waiting for the PS3 to drop in price, the time has come. For $299, you can get your sweaty palms on a HD gaming machine and a Blu Ray player.
Even though there are more Blu Ray players that are more advanced than the one that comes with the PS3, it's still a solid one. Buyers will be pleased with the price reduction hits on Sept. 1st.
Though it might be too late in the overall grand scheme of things, Sony caved in and gave gamers a reasonable price in these tough economic times. I mean, launching a new game console for $499 was ridiculous. Only the hardcore fanatics were the ones that bought it the first few weeks it was out.
This new low price should do two things.
#1 - Extend Blu Ray penetration into the U.S. market. That's good for everyone.
#2 - Extend PS3 penetration into the U.S. market which might be a little too late as the Xbox 360 and the Wii have a stranglehold in the U.S.
I think Sony should concentrate on its game network when people are playing games online. Currently, they're getting dealt with from Microsoft.
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