Sony Cuts PS3 Price for U.S., Adds 40GB Model

The new 40GB version of the PS3 will not be able to play existing PS2 game titles.

After teasing with the promise of new products and pricing for Europe, Sony has announced the same deal for the States.

Sony recently announced price cuts and a new 40GB model of the PlayStation 3 for European markets. Today, the company revealed a plan to extend that same offer to U.S. gamers as well.

The sad part? The 40GB model will be exactly the same, meaning fewer USB ports and it won’t play any of your PS2 games. The new model will run $399; it’s also bundled with “Spider-Man 3” on Blu-ray, says Wired.

For an extra $100, you can get the good old PS3 with plenty of ports and the 80GB drive. Sony was smart to lower that price, just in time for holiday shopping.