Buyers this week snapped up Sony Corp.'s Playstation 3 consoles when retailer Amazon.com began offering used product for under $300 through its warehouse division.

Warehousedeals.com this week began offering used PS3 80GB SKUs at $271.99 on Mon. By early Mon. afternoon the available product had sold out.

The warehouse division of Amazon.com says it sells open-box, refurbished, and gently used merchandise.

The quick sellout of a sub-$300 PS3 is a strong indication that the price point may be a sweet spot for the current $399 hardware.

http://news.punchjump.com/article.php?id=8285

Obviously there's no mention of how many units moved in that lunchtime period to achieve sold-out status, but it's definitely a promising sign that a $299 PS3 would sell gangbusters!

No no no, it cant be no, the ps3 is DOMED, it cannot sell out at $270, NOO

It's okay they were only selling one.

PS3 will sell kabillions when a pricecut comes... confirmed.

I'm looking forward to the day when you are vindicated for your confidence in a $299 PS3. :)

Slim + 299 = Sony Domination this holiday.

Lol, today's ps2 owners will ultimately be tomorrow's ps3 consumers.............-when a price cut comes that is.

agreed, but im kind of afraid that sony won't cut the price...despite all the evidence we see, all the leaked photos, jack tretton and other sony executives keep on denying it

stewroids - sony denied '07 price drop a week before they announced it for it dropping in a week.

Good deal for those who bought one! This could be a sign of things to come if a price drop ever happens :).