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This is the new Playstation 3 slim. Priced at 299 in the US. This is a bargain compared to the original 599 launch price so if you don`t already have one, I suggest picking one up. more than just a gaming console, the PlayStation 3 is a media powerhouse. It gives you the power to enjoy the hottest games, the latest Blu-ray movies, and the best high-definition viewing experience possible. And with a 160GB hard drive built-in, you`ve got the space to store movies, games, music and so much more. Please Note: PS3 vertical stand not included.