Confirmed: the 40GB $399 PS3 arrives in the US

[SlorgNet]

...so says the Hollywood Reporter, link right here:

 

http://www.hollywoodreporter.com/hr/content_display/business/news/e3i23389b356d961fd23062dec8891c4eff

 

D-Day is November 2, which sounds reasonable - once the 60GB vanishes, which is pretty soon, I'm sure they'll cut the 80GB model down to $499. The holiday madness begins!