I just found out it's $500! So instead of price dropping, they are going back to $500. I am very very confident Sony just screwed themselves. This year Sony could have gained major ground with a price drop. The $400 version has been selling quite well. It's proof Sony needs to drop the PS3 $100 more this year. Instead they go back to $500. MGS3 only sold a few million copies, it's no where near enough to warrent them to bank their whole company on MGS4 which will probably sell 3-6 million copies at best, and that's not good enough.