With Gamescom in full swing on the other side of the pond, Sony made a decently sized announcement of new lower prices for the PS3. Sony has dropped the 160GB model to $249 and the 320GB model will set you back $299. It will be interesting to see if Microsoft counters in the near future with a similar price drop. Iif I were a betting man, I would put money on a similar $50 price drop of the Xbox 360 closer to the holiday season, or at least some amazingly priced holiday bundles.
