PS3 owners in the US who haven’t yet picked up inFamous, the excellent modern-day superhero game released earlier this year, will have a little bit of an extra incentive to do so with the announced price drop for the action adventure title.

As of October this year, inFamous has sold over 1.2 million copies, and to celebrate, not only has the price of the game dropped down to $39.99, a piece of downloadable content (DLC), the ‘Gigawatt Blades’ super power, will become available for free on the PlayStation Network as of December 10th.

Read El33tonline’s review of inFamous, and check out our previous coverage of the game, to see what you’re missing out on.

Last week at the Tokyo Game Show Nintendo announced that the Wii would receive a $50 price cut across North America. The discount came into effect on the 27th of September, making the new price tag of the publisher’s popular console $199.99, much more competitive against the recent price cut of the Xbox 360 Elite and PS3 to $299.

El33tonline has today received confirmation from Core Gaming, distributors of Nintendo in South Africa, that the Wii will also receive a price cut here in South Africa. While the price cut does vary between local retailers, you will be able to pick up a Wii from between R2400 to R2500 from as early as the 2nd of October. In fact certain retailers have already knocked roughly R1000 off the price tag.

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Following the news that the price of the Xbox 360 Elite has been slashed around the world, it’s been announced that South African gamers, too, will be able to enjoy the fruits of the global price cut, with a massive reduction of R1500 for the console.

Additionally, the Xbox 360 Elite will become the only premium version of the console, as the Xbox 360 Pro will be phased out of the market in South Africa, while the Xbox 360 Arcade will remain on store shelves to provide at least two flavours of choice for eager gamers.

Vice president Interactive Entertainment Business at Microsoft Europe, Chris Lewis said:

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Microsoft has cut the price of the Xbox 360 Elite in the US by $100. Starting tomorrow, the 28th of August, the Xbox 360 Elite will be available for $299.99. The price drop will also be effective across the UK from tomorrow where the Elite will be priced at £199.99.

The Xbox 360 Pro, which Microsoft plans to phase out, will cost $249.99 while the Arcade will retail at $199.99/£159.99. Microsoft has also rolled out some new packaging for the Xbox 360.

Source: Major Nelson

[Update] Check out official photos of the new PS3 Slim after the jump.

After months of rumours swirling around the internet, Sony has finally unveiled its new PS3, which is 32% smaller, 36% lighter and $100 less expensive than the currently available model, while requiring 34% less power during operation.

The new PS3 will cost $299 in North America, €299 in European territories and ¥29 980 in Japan, and will include a 120GB hard drive. The price of all current model PS3s will be brought down to match these prices as of tomorrow.

The new slim model PS3 will go on sale in the first week of September.

This price now puts Sony’s home console at a much more competitive position, compared to Nintendo’s Wii priced at $250 and Microsoft’s hard drive-less Xbox 360 at $199.

Additionally, the latest firmware update for the PS3, 3.0, was announced, which includes new features and feature tweaks, such as animated themes, direct links to TV services and more. Look below for a full list and descriptions of each feature:

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