Price drop

It handy to have a mole around. Not only will they infuriate Bill Murray in Caddyshack, but they'll also preovide you with useful information before The Man wants you to know. The Man in this case being nothing more sinister than the games industry.

This particular mole has revealed to Ars Technica that both the PS3 and the Xbox 360 will be seeing prices cuts this year, as well as models being discontinued. This is partly due to Sony's launching of the PS3 Slim, which will be launching this autumn if everything goes to plan, while the 80GB version of the PS3 will be disappearing and the 160GB version will become the standard model, with a price cut to boot.

Meanwhile the Xbox 360 Pro will be going the same way as the PS3 80Gb model, and the Elite model will become the standard console, with a price cut to come in September. New bundles for Christmas will be launched around October, although there's no info on just what will be given away. With games being available solely through downloads now, the upping of standard capacity seems a good move. Good work, Ars Technica's mole.

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