Its about time. The PlayStation 3 has received a couple of cuts today - one being to price ($100 cheaper) and the other to size. As seen in the photo, its lost some weight. I personally was a fan of the glossy plastic of the original, but I’m sure they switched to the textured plastics for cost-savings. It still looks quite decent. It will be available September 1st.

Click the photo for a full gallery of the updated console on Flickr.

Click here for some more news from the PlayStation blog.