40GB PS3 Coming to the States

Sony Computer Entertainment of America has finally confirmed that the 40GB PlayStation 3 sku will be released in the US. This release will coincide with a price drop on the 80GB sku, from $600 to $500. "The 40-gigabyte model has already made its debut in Europe and Japan, and was widely expected to come to the United States ahead of the crucial year-end shopping season that accounts for the largest single chunk of annual video game software and hardware sales." (Via GI.biz)