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The PS3 Slim price appears to be set, and it is definitely under $300.

Sony's press conference today at the Gamescom convention was full of announcements. They officially revealed the PS3 Slim, which will be 36% lighter and 33% smaller than the normal PS3. It will come with a 120 GB hard drive and list for $299 when it hits retail stores in early September. Normal PS3s will drop to that price as well starting tomorrow. (Unfortunately for Sony, their unveiling was spoiled a bit by several retailers jumping the gun on new advertisements, not to mention the rumors that had been swirling for weeks ahead of time.) Sony also announced a PS3 firmware update as well as new features and customization options for Home. In addition to that, the PS3 and PSP will be getting a digital reader service

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