PS3 Slim sales more than TRIPLE previous PS3 price cut first week sales.

[greenmedic88]

It really just illustrates the demand for a $299 PS3.

Releasing a revised hardware unit at a greatly reduced manufacturing cost simply facilitated the price drop, which SCE had the foresight to pass on to consumers (foresight really meaning the obvious decision).

But the $299 price is more significant as the market for $299 consoles is larger than the market for $399 consoles. Many consumers won't pay over $300 for a console. Many others won't pay over $200. Not sure why some still fail to acknowledge this.

And for those who still believe price doesn't matter, which is the equivalent of saying a general consumer will purchase a game console regardless of whether it costs $99 or $599, one really has to question whether they've bothered to follow sales trends of consoles over the past ten years as each generation matures.

As for the ever important sustained rate of sales, the other early key detractor (other than price), mainly the software library, has fully been addressed looking at a solid back catalog of about three years' worth of games with plenty more compelling titles queued up.

I'm already noticing a fair amount of previously vehemently anti-PS3 opinions doing a 180 flip, tied largely to the $100 price drop, with others using the new packaging as the reason why it is now kosher for them to buy a PS3.

But $100 is all it takes to turn many an opinion when it comes to consoles.