Today in Connected Consumer

According to a few leaked posters, it is. And while probably a year late, this is welcome news, and I expect this to provide a nice pop in near-term PS3 sales. What the price cut does is put the device in similar pricing territory as the current Xbox 360 Elite (though Microsoft may be anticipating Sony’s move with a cut of their own), and also makes it semi-affordable again as a Blu-ray player. Still, expect Sony to be bringing up the rear at the end of the Christmas season as Nintendo wins the cost-conscious and family demos, while Microsoft continues to gain share overall, particularly if the Elite price cut rumors are true.