250GB PlayStation 3 is available now in North America. The package runs $349 and crams a console, 250GB hard drive, controller and composite AV cables into the box. As the more astute readers have no doubt realized, the only thing different from the 120GB model is the 250GB hard drive. Still, as Gaming Bits points out, that's more than twice the storage for an extra $50 over the $299 model.
Of course, with Black Friday sales just a few weeks away, you might consider waiting to see what deals will be available before taking the plunge.