Sony PlayStation 3 Finally Priced & Scheduled For Release (Link)

Sony's PlayStation 3 gaming console attracts attention
at the Electronic Entertainment Expo in Los Angeles.

Finally! Sony Computer Entertainment America (SCEA) announced Monday May 8th at the annual Electronic Entertainment Expo (E3) in Los Angeles that it would launch PLAYSTATION®3 (PS3) in “Clear Black” in North America on November 17, 2006, as part of a worldwide simultaneous launch.

The new PlayStation 3 will be equipped with Blu-ray and Pre-Installed HDD. The unit price in the United States is US $499 (20GB HDD) and US $599 (60GB HDD).

But is $599 too much? Sony executives have insisted the PS3's pricing is appropriate, given all its high-tech innards. "I think that price and value have always been two different things," said Phil Harrison, president of Sony Computer Entertainment's Worldwide Studios.

Read Also:
PlayStation®3 Launches On November 17, 2006 In North America (PlayStation Press Release)
Sony raises eyebrows with PlayStation 3 price (The Seattle Times)
Sony defends PlayStation 3 models (BBC)