We’ve been hearing rumors of this for quite a while, but there’s nothing like a bit of confirmation, right? Recently leaked internal documents from Best Buy have revealed that the $399 Playstation 3 might indeed be a reality. It should sport a 40 GB hard drive, and come bundled with Spiderman 3 on Blu-ray, deading criticism that this low-end model would be shipping sans Blu-ray drive. It’s scheduled to be in-stock on the 28th of October, though there’s no official word on when we might expect this thing on store shelves. Thank God Sony has realized that no one wants to pony up $600 for a gaming system! Let’s hope this not only increases unit sales, but also serves to convince game developers that the Playstation 3 is worth sinking some R&D resources into.

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Born with a cell phone in one hand and a tablet in the other, Josh Karp has followed his love of technology through to the present day. As a Special Correspondent at BGR, Josh covers press conferences, trade shows and other events around the world. An expert in all things mobile, Josh has more than eight years of experience covering the wireless industry.