First: the basic PlayStation 3 will retail for under ¥50,000 in Japan, 5% consumption tax included. Kutaragi quoted a price of ¥49,800 for the console. The announcement met with more enthusiastic applause from the audience than anything said or shown during the keynote in the hour prior. Does this indicate that the PS3 may be up for a price reduction in the United States? (In today's dollars, ¥49,800 yen is approximately $425 USD. The same version of the PS3 has been priced at $499 in the US.)
Second: In answer to a question about HD capability, Kutaragi noted that in the days since the E3 press conference, "the importance of HDMI has come earlier than expected." At the time of E3, no television included HDMI support, said Kutaragi. In the months since, however, HDMI has solidified and has been introduced to more products. Therefore, Sony has decided to include HDMI in the console.
[Update 1: fixed a typo, added photograph.]
[Updates 2, 3: Sony just posted this press release confirming the price drop (Japan only) and HDMI-support. Word in the press room is that HDMI support for the lower-priced console is worldwide. The press release is in Japanese only for now.]
[Update 4: Sony has just released an English-language translation of the same information. Click "continue" below for the full text of that release.]