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45nm CELL in 2009, 32nm CELL in 2010 and 22nm CELL in 2011 would make PS3's CPU extremely cheap.

Now they just need to get the RSX to 45nm or 32nm.

Add to that a motherboard re-design, slimmer blu-ray drive, case re-design and boom you have your slim-PS3.

Anyway im predicting PS3-Slim will be announced E3 2009 or 2010 due out that holiday season -- it'll basically be a PS3 with 45nm CELL and it'll be smaller possibly with a external power supply.