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skip on 07 August 2009
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I think the discontinuation of the pro is most likely to do with the 60 gb drives no longer being mass produced resulting in them being more expensive than their 120gb counterparts.

Seagate Momentus 7200.2 120GB 2.5" Mobile Hard Drive - 7200RPM, 8MB, SATA-300, OEM
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Seagate Momentus 5400.5 ST980310AS Hard Drive - 80GB, 2.5", SATA, 5400RPM, 8MB Cache
Momentus 5400.5 is ideal for mainstream notebook PCs, with the best combination of performance and mobility.
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Faster spin speed and higher capacity cheaper.

 

Pine 160GB 2.5" Internal Hard Drive (PT-HDNS-160G)

Pine 2.5-inch 160GB SATA hard drives offer high-performance, low power consumption and cool...
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Pine 320GB 2.5" SATA Internal Hard Drive (PT-HDNS-320G)

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Same spin speed and higher capacity cheaper

 

I expect the slim ps3 to launch at 120gb or greater for the same reasoning. I doubt ms would want to give up on the lucrative arcade hard drive upgrade.