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Rumour: 40GB PS3 coming says Sky; 299 in UK says CVG

In a (not very) surprise revelation Sky, the British broadcasting supplier, has stated that they expect the fabled 40GB PS3 to be announced this week. They claim that this new model will lack several features of the 60GB/80GB such as backwards compatability (both hardware and software emulation) as well as USB ports. We're more inclined to believe that WiFi would be removed before USBs as some games will require them. Imagine if people lured into buying a new PS3 at a lower price weren't able to play games like Guitar Hero III, Rock Band or anything involving the PlayStation Eye.

The price is still rumoured to be at $399, which we've always said would make an excellent low-end price for the system. Elsewhere reports are coming in that the UK will be receiving this new SKU as well and that it will sell for £299. Though all of this information is still classified as heavily rumoured, CVG has been told by multiple sources that Sony will introduce the 40GB model in Great Britain (and, presumably, the rest of Europe) at this price, which makes it around the same price as an Xbox 360 Elite.

To cap off today's rumour-fest, Sony was touted to make these announcements at Tokyo Game Show (which didn't happen) or early this week. We'll let you know what happens.