After months of hailing the success of the Playstation 3, despite poor sales showing it to be selling less than half the number of XBox 360's and barely a fifth of the number of Nintendo Wii's sold, Sony is showing signs that it cannot keep the facade of a "great success" going, and have announced a new cheaper and much slimmed down version of the PS3.
Losing some of its more advanced functions, the ability to play Playstation 2 games and removing some connection points to be able to reduce the price to less than £300 might win a handful more sales, but the console is still considerably more expensive than the XBox 360 and £120 more than a Nintendo Wii.
I won't be trading in my Wii or XBox for one, that's for sure.
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