According to Oswald9599 at CAG It looks like the PS3 will hit $299.99 within a matter of weeks.

http://digg.com/playstation/Sign_at_FYE_Shows_PS3_Price_Drop

I can't wait till the conference comes so everyone will just be quiet on all sides!

*sighs*

We'll have a nuclear holocaust if there isn't a price cut...

He's a long time poster and posted scans. I think that's pretty official.

The real question is will the Slim be the same price? Or will Sony charge $400 for the slim?

So will there be a price drop or a Slim? If there is no price cut at all, I'd laugh hysterically.

But right now, it seems 99% confirmed.

Edited: Jumped the gun.

50$ one hundred people are going to yell photoshopped.

I think it might be true.

Years ago there was a lawsuit against CAG for leaking the first PS3 price drop weeks in advance. I love Cheapy D for doing stuff like that he has some real guts (as does the employee who I would not want to see lose his job) . The lawsuit speaks for the legitimacy even more for this article.

Too many acronyms! FYE? AD? CAG?