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40GB PS3 headed Down Under

After finally taking the wraps of its new 40GB PS3, Sony has now confirmed its new system will also be headed to Australia beginning Oct. 11 for A$699.95.

While we're sure this news will overjoy Australians who've been impatiently awaiting a more affordable PS3, there's still no word yet whether they will also see the lower-priced 60GB PS3 bundle like their friends in the UK. Either way, it seems Sony has taken care of the largest regions at this point, and it will be interesting to see what other markets are next in line.