For all those who've been waiting for the PS3 to drop in price from $399 to $299, that day apparently has finally arrived.
While Sony has yet to make an official announcement, Kmart.com features an ad on its home page that reveals a price cut and appears to announce the arrival of the new PS3 Slim.
Additionally, Kotaku has posted an image of an apparent promotional poster that a reader sent in, announcing price cuts for the 80GB PS3 ($299), as well as for the 160GB bundle ($399).
We're off to a press event at Sony headquarters in New York, where we expect to hear more about all this and perhaps get word on that "new" PS3. We'll update this post as soon as we get more info. (Update: The New York event was dedicated to new line of live coverage from our sister site, GameSpot..). Now the focus shifts to Sony's press conference in Cologne, Germany. Check out the