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White 40GB PlayStation 3 headed for Asia

But it won't run PS2 games.

Sony

A 40GB PlayStation 3 is coming to Asia on November 11, following a similar move on the European market last week. Retailing at around $380, the Blu-ray-loving game console is the first to be equipped with a 40GB hard drive and will be available in white, as well as black. However, there's an important catch: You might still want to stick your guns with the earlier 60GB version of the PS3 because latest model is not compatible with PS2 games.