August 26, 2008 Sony is launching the 160GB Playstation 3 on October 31. The console is an early Christmas present for gamers in Europe and the US where it will retail for €449 and US$499 respectively. Features include Playstation Network content, a Blu-ray Disc player, DUALSHOCK3 wireless controllers, video chat and online play.

The new model has more than twice the storage capacity of current models, an attractive feature for users with a penchant for downloading and storing videos, music and photos, in addition to games and game extras. Game extras available through Playstation Network include tracks for SingStar, quiz packs for Buzz!, and user-generated levels for LittleBigPlanet. Additionally, PlayTV will allow users to record free-to-air digital TV.