The PlayStation 3 now costs $US249, down from $US300 for the 160GB model, according to a Sony announcement today. No word on the price of the more expensive model, the $US379 320GB model.
Update: Sony tells us that the 320GB unit will now sell for $US299.
The 160GB PS3 is also dropping in price in Europe and PAL territories to €249 (€349 for the 320GB). In Japan, it will drop to ¥24,980 (¥29,980 for the 32GB version). The US and European/PAL price drops are effective immediately. The price cut for Japan kicks in on August 18.
The competing Nintendo Wii currently sells for $US150 with Mario Kart bundled in. The Xbox 360 starts at $US199, $US299 with Kinect.