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Vashyo said:

Only way I would see this happening is if they start selling an economic smaller HDD model for a bit cheaper. As it is theres no point dropping the price since its selling so well.

I would quite like that since I doubt I will ever need 500gb just for games...unless they all install 50gb files, lol.

I kind of hope SCE doesn't do this. It would be a lot like the 20GB PS3, which was a poor seller and was in production for less than a year.

Sure, SCE did the 12GB flash on board, no HDD SKU briefly just to have price parity with the XB360 "Core" "Arcade" but in this instance, it's the XB that is behind in sales and above in price. Different situation. 

500GB is more or less the entry level. Dropping in a 240GB HDD or 320GB HDD isn't going to drop enough off the BoM to justify even a $50 drop off the $399 MSRP. 

If anything, SCE might release a flash memory only, 32-64GB PS4 with a user HDD upgrade available. But this would still be a $349 MSRP SKU, which without the HDD, might be a hard sell given the size of game installs and complete dependency upon local storage.