Has RIM canceled the 16GB PlayBook? (Update: it has)

If you're an indecisive fan of the BlackBerry PlayBook, your purchasing decision might just have been made a little easier. We're hearing reports that customers have been advised only existing stocks of the 16GB variant remain, and the firm will be offering just the 32- and 64GB models going forward. The speculation is that this is down to the lower profit margins on the smallest memory version, however this is not confirmed. We've contacted RIM for the official word in the meantime, and will update accordingly.

Update: RIM's PR has responded with the following statement:

RIM will no longer be making the 16 GB model of the BlackBerry PlayBook tablet. The 16 GB PlayBook will continue to be available for distributors and retailers while quantities last. We continue to remain committed to the tablet space and the 32 GB and 64 GB models of the BlackBerry PlayBook continue to be available from our distributors and retailers around the world.

There is more value for our customers in the higher capacity models (32 GB, 64 GB), and as such we have decided to focus our efforts here.