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A fourth SKU in less than 1 year, and dropping one of the most popular features (Backwards Compatibility), to put the system at a price which is still too high for most gamers seems like a very desperate move to me ... Any coverage of this in non-PS3 dedicated media will likely include a discussion about how the PS3 has sold poorly since launch and this is a (desperate) effort to improve sales.

I could be wrong but I suspect that after the initial release of a SKU like this sales would not become much higher than they currently are because the release of this SKU should send up warning flags to everyone interested in the PS3.