Sony has announced a price drop for the PS3 as well as a new PS3 bundle. Effectively immediately, all systems will be reduced by $50, bringing the 160 GB model down to $249 and the 320 GB Model down to $299. Sony also announced a new, limited-run 320 GB Infamous 2 Bundle that includes the system, a copy of the game, and a 30-day PlayStation Plus trial for the same price as a standalone system, $299.
It was also announced that the PlayStation Vita, the successor to the PlayStation Portable, will receive a heavy dose of social network integration with dedicated applications for Facebook, foursquare, Skype, and Twitter. The applications will be free downloads from the PlayStation Store.
Official Site: US.PlayStation.com