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PS3 Slim Revealed

Getting straight to the point…The new PS3 slim measures 33 percent smaller, 36 percent lighter and consumes 34 percent less power. It’ll also pack a 120 GB hard drive as a middle ground between the current 80 GB and  the 160 GB SKU. The 120 GB size will also put it head-to-head with the Xbox 360 Elite.

Besides the new hardware, perhaps the biggest news is that the PS3 Slim will also bring with it a much slimmer price tag of $299, or 299 Euros, or 29980 yen.

For those of you who’ve been on the fence about buying a PS3, does this new hardware and price do it for you? Also note, that the new PS3 Slim is no longer PS2 backward compatible.

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