It's interesting, now, to look back on the PS3's troubled first year. People complained that it had no games (a criticism only the criminally insane would dare make nowadays), that Blu-ray wasn't a proven format (which has since been proved) and that the price was too high. Now, however, Play.com have dropped the 40GB PS3 to its lowest price ever, beating out the competition by £70. You can head on over to the site right now and pick one up for only £230. That includes free shipping. Bargain!

It's worth noting that the Xbox 360 Elite currently costs £250 on the same site, so there's no contest between which is the better deal. We expect people to jump at this price, so if you're on the fence (and a UK resident) now might be the perfect time to re-evaluate a purchase.

[Update] Looks like this was a mistake! Play.com has updated the price to £289.99. Looks like it really was too good to be true.

[Thanks Wilester]

This article was originally published on Joystiq.

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