PS3 price cut by 20%, now includes HDMI 1.3

Looks like all the bellyaching over the price of Sony's PlayStation 3 has done some good. Sony exec Ken Kutaragi just sent jaws to the floor over at Tokyo Game Show with an announced price cut of the 20GB PS3 base unit from ¥62,790 to ¥49,980 in Japan. Closer to home, we'd be looking at a move from about $538 to $428 (looking at current exchange rates) representing a drop of some 20% when the PS3 hits later this year, or uh, early next if the cut applies across the board. Not exactly cheap when looking at the Wii or Xbox 360, but that Cell processor, Blu-ray Disc player, and HDMI 1.3 output supporting Deep Color will certainly draw a premium. Yeah, you read that correctly, Ken announced HDMI support too, making the 20GB PS3 one fine Hi-Def movie machine on the cheap. Hoozah!

Update: Price reduction confirmed for Japan only. Waiting on rest-of-world price cuts, if any.

wow...still way too expensive for me...i think ill wait a bit to get it...maybe a few years when the price is around 300 or so

i will wait some years for a ps3

im gonna get a jap ps3!

I know I'm not buying it over $400, so I'll wait until that day. :o

I'm buying it at any price. I can't wait for this thing.

Im now going to Japan to buy this one.. I wont be using 60 GB worth of hard drive any way..

I wonder if i could even bring it on a plane??? NAH

Ill fed ex it to myself