Effective immediately (August 16th, 2011), Sony has dropped the prices of the Sony PlayStation 3.
The 160GB model will be available for $249 in North America and 249 Euros for Europe/PAL territories. The 320GB model also will see a price drop $299 and 299 Euros in their respective locations.
Prices in Japan also drop to comparable levels, but don’t take effect until August 18th.
If you’ve waited for the price to get better on the PS3, there’s no time like right now to pick up your unit.