It has been confirmed, effective immediately, the current 80gig phat model is now $299, and the 160gig model is now $399. But that's not all....
Coming September 1st, the new PS3 120gig model will be 33% slimmer and 36% lighter, and includes ALL of the functionality of the current phat model.
http://blog.us.playstation.com/2009/08/18/playstation-3-now-299-slimmer-version-coming-september-1st/
Around that same timeframe, PS3 firmware update 3.00 will also be coming, with a nice package of sweet little features.
http://blog.us.playstation.com/2009/08/18/playstation-3-firmware-v3-00-update/
I think the console war will be QUITE interesting this holiday season...
Subject: PS3 Slim CONFIRMED! PS3 is now $299!