Sony Trims $50 Off the Five-Year-Old PlayStation 3

Sony is cutting the price of the five-year-old PlayStation 3 to $250 from a previously recommended price of $300, the company said today. The version with twice the amount of storage, or 320 gigabytes, will cost $300, down from $350. The new pricing goes into effect Thursday.


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Moore’s Law means that more and more things can be done practically for free, if only it weren’t for those people who want to be paid. People are the flies in Moore’s Law’s ointment. When machines get incredibly cheap to run, people seem correspondingly expensive.

— From Jaron Lanier’s new book, “Who Owns the Future?” excerpted on Wired.com