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The intersting thing is that it's already had an unofficial price drop. You're hard pushed to find a PS3 unit on its own for sale at the full £425. Most places offer a free game already at that price, or £400 for the unit on its own.

Maybe the new bundle will allow retailers to put the price back to £425, it's usually £460 for 2 games, not seen any with 2 games and 2 controllers though.