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Panama said:
I believe the the sudden price drop here was purely to combat the new PS3 Super Slim hence why there is only a $50 drop on the 4GB model, but $150 on the 250GB model. For whatever reason, some retailers have been advertising the 500GB PS3 Super Slim for just $299. No idea if they realize that's about how much it costs in America.

Prices are certainly improving in this country. The Wii U is just $350 instead of $400 like the Wii was.

Where is a 500gb PS3 for $299?

JBHI and EB both have them at $398 with some game bundles.

which makes the WiiU even more attractve at $350 basic and $428 premium