Sony has announced that the PS3 will be available for $249 with the $160 GB model. The 320 GB model will be $299, with a bundle including InFamous 2 and a 30-day PlayStation Plus membership included at certain retailers.

“The new price will make the PS3 more accessible than ever before, so there’s never been a better time to join PlayStation Nation,” said Tretton. “We know that while future-proof technology is important to you, content is still king — that’s why we continue to focus on bringing you exclusive “must have” titles that are unmatched by anything else on the market. With games like Resistance 3, Ratchet & Clank: All 4 One and one of my personal favorites, Uncharted 3, all on the horizon, there’s a lot of great entertainment in store for you.”