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Yes, we all saw it coming a mile away. Kotaku reports that Sony’s David Karraker announced the Sony PlayStation 3 will immediately begin selling for $499 in North America.

In addition, in August Sony will sell a model with a larger 80 GB hard drive installed and a copy of Motorstorm for the old price of $599.

OK, how about now? Is everyone done bitching about the price now? Oh you want more cuts? Sheesh.