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HappySqurriel is right.

I'm one of the unwashed masses (I haven't yet taken a shower today). I was thinking if the lower model came out in the US, I would get it to replace my PS2 once my PS2 bit the dust. I also have an extensive game collection on the PS2 that I wouldn't abandon. The price is pretty much the only thing keeping me from getting a PS3 right now. And with there being so many models, the higher priced ones are going to stay higher priced for longer. That just delays my purchase. I know I'm inevitably going to have to break down and buy the higher priced model, but it'll be a long time in coming.