We know an announcement
is coming from SCEE this Thursday that is "related to the US price cut", but SmartHouse News
claim that they already have the scoop. Michael Ephraim, Managing Director of Sony Computer Entertainment Australia has reportedly confirmed that PAL regions will be seeing a price cut of "as much as 17%".
While this is potentially great news, and 17% would bring the PS3 down to a much friendlier price of £350 in the UK (making it the cheapest Blu Ray player available), we're not going to hold our collective breath. One way or the other, we'll know on Thursday.