October 11th, 2007. Sony Drops their price on the Playstation 3, taking away its "1000 dollar console" status. Whats interesting is by how much it got dropped. From AU$999 to AU$699...an amazing 300 dollar difference. Whats the catch? Some may hate it and some may feel indifferent. The major difference is the removal of the backward compatability with PS2 games. For a strange reason PS1 games can be played without a hassle. Personally, I think this PS2 compatability was removed in order to have an "excuse" for initially pricing the PS3 at AU$1000. Im quite sure the removal of the backward compatability and a few memory slots would not decrease the price that much...Will this kick PS3 back on its feet? Maybe. This could very well be the starting point of PS3's return! With killer apps such as Metal Gear Solid and Gran Turismo comming soon, the price drop sure is temptin! It definately is not up to Xbox360 standards yet...but like I said in my previos article, dont underestimate the power of Playstation!

I'm gonna go play some Wii now

Franchize