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Buyers this week snapped up Sony Corp.'s Playstation 3 consoles when retailer Amazon.com began offering used product for under $300 through its warehouse division.

Warehousedeals.com this week began offering used PS3 80GB SKUs at $271.99 on Mon. By early Mon. afternoon the available product had sold out.

The warehouse division of Amazon.com says it sells open-box, refurbished, and gently used merchandise.

The quick sellout of a sub-$300 PS3 is a strong indication that the price point may be a sweet spot for the current $399 hardware.

http://news.punchjump.com/article.php?id=8285

Obviously there's no mention of how many units moved in that lunchtime period to achieve sold-out status, but it's definitely a promising sign that a $299 PS3 would sell gangbusters!