Sony Cuts $50 off PlayStation 3

This isn’t directly home theater related but given the price reduction and the built in Blu-ray player, this could make a lot of sense to some people now. Especially if you hack it for more media capabilities.

Speculation about a price cut — announced at the Gamescom confab in Cologne, Germany — had picked up speed following Nintendo’s 32% reduction on the price of its 3DS system earlier this month.
The 160GB PS3 system now retails for $249 (from $299) while the 320GB unit sells for $299 ($349).