Sony to update $399 PlayStation 3 with bigger hard drive

Microsoft isn't the only one freshening up its console line lately. Shacknews reports that Sony has announced plans to replace its $399.99 PlayStation 3 with a new model featuring a bigger hard drive this September. The current $399.99 console has 40GB of storage, while the new one will have 80GB. According to Sony Computer Entertainment America CEO Jack Tretton, the two consoles will otherwise have "the same functionality."

This move isn't too dissimilar from Microsoft's, which involves replacing the $349.99 Xbox 360 20GB with a version that has a 60GB hard drive. However, Microsoft has opted to slash the price of the 20GB unit to $299.99 until stocks run out. Shacknews' report suggests Sony doesn't intend to do anything of the sort.

Today, those wishing to grab an 80GB PlayStation 3 have to shell out $499.99 for the PS3 Metal Gear Solid 4 bundle.

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