At Sony's E3 2008 press conference, Jack Tretton announced a 80 GB PS3 "Core Pack" that'll go for $400 — "the same functionality of the 40 GB... with twice the storage," he said.
"This new 80 GB PS3 is perfectly suited for HD games, music, movies and more." Full release below...
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Starting in September 2008, the newly announced PLAYSTATION(R)3 (PS3(TM)) 80GB model will become the mainstay of the company's hardware line-up.