Sony will start selling a new configuration of their Playstation 3 console in Europe starting October 10th of this year. The new model will have a 40-gigabyte hard drive compared to the 60-gigabyte model out right now.

Sony is listing the price of the 40-gigabyte model at 399 euros ($564.17 U.S.) and will lower the price of their 60-gigabyte model from 599 euros to 499 euros ($705.56 U.S.).

In an effort to keep the price down, the 40-gigabyte model will not feature backwards compatibility for older Playstation games. So if the ability to play your Playstation 2 games is important to you, the 60-gigabyte model is the way to go.

Does the release of this 40-gigabyte model in Europe mean that the U.S. can look forward to the same soon? As the holiday season approaches, one can only hope that the answer will be yes. It would seem only logical if Sony hopes to steal some of the Wii’s thunder. Ripten will keep you posted.

Tags: 40-GB, Europe, Playstation 3, Price-cut

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