The rumours were true, Sony have just announced a PS3 price cut. From October 10th the standard 60GB model - complete with two games - will be reduced from 425 UKP to 349. While a new 40GB model - which loses 2 USB slots, the memory card slot and, most controversially, backwards compatibility - will launch for 299. The price cuts were apparently decided by "feedback from thousands of existing PS3 owners as well as research into future potential PS3 owners." Although, let's face it, the sluggish sales since launch are probably the main reason. And why the sneaky late Friday press release? Anyway, Sony have finally made the PS3 price a bit more realistic, now all we need is a decent game or two. Will the price cut finally tempt you to get a PS3?