Sony plans cheaper PS 3
It has been heard that Sony has started talking to Taiwanese manufacturer FoxConn and asked them to make a lower-spec Sony PS3. This is being done to bring down the price to the Sony PS3 to match that of the X-Box 360. More news would be available after the Tokyo game show is held this year.
Both of the products hit the market earlier this year and have been trying to eat into each others market share.
Rumors flying around say that the price in the US for the 40GB Sony PS3 will be around $399, this could see a UK price of around £200 but as there us more tax etc in the UK it is more likely to be around £300.