Rumor: New 40GB PS3 at $399.99 for the holidays

297w ago - Ars Technica has their very own mole, who they say is very good at what he does. Looks like he dug up some interesting stuff on Sony's plan for the holiday season. The rumor is as follows: the 80GB PS3 falls to $499.99, and a brand new 40GB PS3 is offered at $399.99.

Analysts have predicted the 80GB price drop before. As for this 40GB model, we've had a few tip offs that it might be in the works. In addition, the mole adds that Spider-Man 3 Blu-ray may be packed in with one or both of the bundles, and the PS2 drops to $99.99. Of course, these are merely rumors, so don't hold your breath while waiting for lower priced PS3s. We expect to find out more at Tokyo Game Show.