Not only is the 60GB version of the Playstation 3 getting a $100 price drop but also in August Sony will begin selling an 80GB version of the Playstation 3 for $599.

The 80GB Playstation 3 has been available in Korea for a little while now but will be hitting the streets next month. Not only are you getting an extra 20GB for $100 but Sony is also throwing in a copy of Motorstorm along with it.

This is making the Playstation 3 look a little bit more price competitive with the Xbox 360. Competition is great and hopefully this will push all the console makers to lower prices (even $250 for the Nintendo Wii is a bit too expensive).

Engadget’s Story