I thought Sony made a good move lowering the price of the PS3 by $100, and obviously it was a good move by sony too, increasing their sales, at least as far as amazon.com can indicate. Then I read this on Kotaku

We’re no longer in production for [the 60GB PS3], so once that product is gone from the retailers shelves, then we’re back to the $599 SKU only, so it’s not like we have a two-price strategy here in the US market, which we found out very early on, that consumers react mostly to having one SKU as opposed to two.

Ok, so sony didn’t REALLY lower their price by $100, they are just having a firesale to get rid of an inferior product. When the 60gb PS3 sells out, that means that the lowest end model of the PS3, is still going to be $599 and for that extra hundred dollars everyone gets $7.20 worth of Hard drive.

At the going rate of $0.36 a GB (thanks pricegrabber) 20 Gig comes out to $7.20

Thanks Sony.