soon as this come out...Im gonna get one.

Going to a smaller process would reduce power and cost (higher die yields), so going to a slim version isn't necessarily the benefit Sony might be focused on at the time.

Good for Sony, but anyone placing bets on this bringing a price cut shouldn't get their hopes up. As much as I want it to happen, since I still only have a Wii this gen, until the currencies realign in a favorable direction for Sony there's just no way they can cut prices outside of Japan.

That said, very good news for Sony. They don't just cut the costs of the cell dramatically when they do this, but plenty of other parts as well. If the rumors of hardware being at break even before admin/marketing costs is correct (i.e. it takes ~$400 in parts/labor to build one) then they are in for a bigger year than last.

It just means that they have enough 65nm Cell to last during the transition to 45nm production. They can't just immediately switch to 45nm Cell as soon as the first ones come off of the production lines, there's a whole lot of testing to go through before the introduction of a new SKU.

I don't see this for a PSthree. Just implementation on the current mobo.

Whilst this may not be a "PSthree", it will certainly require a new mobo.

Why? Please explain...

What was the latest status on the GPU?

thats nice to hear we should definitely see a cheaper price tag on the ps3 by the end of the year now

Require probably wasn't the best word, technically they could continue to use the current mobo, but the mobo is continuously being redesigned, the current 80Gb model is already on atleast it's third one. This is a major cost cutting exercise with cheaper CPU, cooling system, PSU etc, you can be sure that they'll also be introducing a cheaper mobo design aswell, they always have done in the past.

65nm RSX lagged 65nm Cell by quite a bit, so I'd guess the same will be true for 45nm RSX. We probably won't see that until 2010.