Sony has announced plans to release an even smaller and slimmer version of the PS3 for this holiday season. There will be a cheaper model of the new PS3 in Europe and Hong Kong with just 12GB of flash storage; a release in the U.S. has not been confirmed.

The U.S. will get a 250GB version of the new PS3 console, with a sliding disk cover, 2 x USB 2.0 ports, Ethernet, 802.11b/g Wi-Fi, Bluetooth 2.0, 1 x HDMI Out and a maximum 1080p output, on September 25 as part of a $270 gaming bundle featuring the “game of the year” edition of Uncharted 3: Drake’s Deception. The bundle will also include a $30 voucher to obtain bonus content for the game Dust 514.

A 500GB version of the new PS3 launches October 3 as part of an Assassin’s Creed III gaming bundle for $300. This holiday bundle is currently available for pre-order from GameStop.