Only a $60 loss is great when you compare it to the $200 loss with PS3.
Keep games coming and get a big PS+ userbase and we will be seeing big profits in the next few Years!
If I remember correctly, it was ~250 for the 20GB model and ~200 with the 60GB. Then you toss in the $100 price cuts the made after year 1, then 2, then 3 (along with cutting out things like PS2 HW, extra usb ports, etc.) and it's easy to see why it took so long to get out of the red.
In any case, huge improvement. I'll definitely be renewing my PS+ sub and buying a game when I get the system. Hell, I'd do them one better and buy Killzone via PSN.
4 ≈ One