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Sony will reduce the price of the PS3 in 2009 at least $50 and probably $100 ...

Since their last price reduction in 2007 Sony (should have) reduced the manufacturing cost of the PS3 by a pretty decent margin with the introduction of the 65nm and 45nm manufacturing process on both the CPU and GPU, and there should have been noticeable reductions in the cost of producing the Blu-Ray drive.