Here in Italy stores offering PS3 Slim 120GB (no games bundled) at 199€ sold them out, only bundles and 250GB units remain until 120GB's are restocked. I guess stores not doing that offer should still have a lot of them, though, so it's quite a different situation from USA. Also, it's the first time I see offers so good during the "ponte dell'Immacolata" (Immaculate Conception long weekend), in the past retailers were greedier and stopped doing good offers before it and you could hope in very little discounts and only searching meticulously until clearance sales started.
http://www.vgchartz.com/forum/thread.php?id=95227&page=1&str=242401823#

Reasons for shortage:

1.The US government is trying to create skynet and needs more power

2.George Foreman has a new idea for a grill

3.Gabe Newell bought them thinking they were some exotic pastries

4.See above

Or it's possible that Ssenkahdavic's boss' younger brother's manager has some secret information that will soon be revealed!!!

120 GB Sold out on Best Buy online as well.

http://www.bestbuy.com/site/Sony+-+PlayStation+3+%28120GB%29/9476952.p?id=1218115837227&skuId=9476952

@patapon:
5. After Stan shot Scuzzlebutt, they have Chinese laogai prisoners weaving them, but they aren't fast enough.

If Sony is planning some holiday bundle then they better hurry, the December only has two more weeks left.

That was either a very short pregnancy or a very long pregnancy

LOL

Online BB is sold out. The local stores here (4/5) have them in stock. The plot thickens it seems.

Seems like a short supply because I work for Wal-Mart and have not heard anything on a gift card deal with the PS3. Then again theres still this weekend left to throw out a nice deal before Xmas.

What's the big deal?