my guess would be mid-2008

Never, 80 GiB will be the only model by then.

60 gig model is being discontinued.... so mid-never

My guess is early '09 on ebay =P

No its not being discontinued!!!! >_<

Around mid 08, in april or june.

Its never going to reach $399. Kaz Hirai has already stated that the 60GB model has been discontinued.

No SCEE said it, and SCEA said they arent discontinung anything bro look http://www.allaboutthegames.net/feature_story.php?article_id=7868

Its not being discontinued.

and then Kaz Hirai came out and said that SCEA was wrong and it is being discontinued.

http://www.gamespot.com/news/show_blog_entry.php?topic_id=25772777

Following a flurry of confusion, the matter was apparently settled by none other than Sony Computer Entertainment's president and CEO. Speaking to Norwegian game-news outlet VGTV, Kaz Hirai said in no uncertain terms that the 60GB version is being phased out.

"From a hardware perspective, the $499 price adjustment we did for the 60GB version for the American market, we're no longer in production for that product," he said in an on-camera interview. "Once that product is gone from the retailer shelves, then we're back to a $599 SKU only, so it's not like we have a two-price strategy in the US market. We found out very early on how consumers react to having just one SKU as opposed to two."

Well said, DKII.
Hence, why people are calling it a clearance sale, rather than a price drop.

Didint come passed that article. Then the question is when will the 80gb ps3 model drop to $399.99