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40gig PS3 is now $670.
I bought my 60gig for $980 which was the launch price.
The australian 60 gig has software based Backward Compat which is good since it uses less power than the US 60gig models with hardware based backward compatibility - i guess around 10watts less power,
and i have no ps2 games anyway - gave my only one away.



PS3 number 1 fan