The PS3 is now $499, effective immediately. In addition, a new SKU will come out in August, ringing in at $599. It will include the previously exclusive-to-Korea 80GB PS3, as well as the full retail version of Motorstorm.

While it is interesting that Sony is moving back to two SKUs, the new $599 package doesn't sound particularly enticing. Motorstorm is a fantastic game and the extra 20 GB is nice, but paying an extra $100 for it seems a bit expensive. How does it tickle your fancy?

[Thanks Myke C!]

This article was originally published on Joystiq.