Sony: No PS3 Price Cut In The USA

Sorry everyone here in the US looking at the Japanese PlayStation 3 price cut to come our way; it isn't happening, at least for now. Sony has stated that the recently-announced 20 GB PS3 price cut over in Japan is region-specific and won't find its way Stateside in time for the PS3's launch, which means that enjoying Sony's new console will cost US buyers at least $499, though it's more likely that early adopters will need to opt for the larger (and more expensive) 60 GB PS3 due to Sony planning to focus 80% of its launch quantity on the premium model.

[via GamesIndustry.biz]