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Although Sony's announcement only applied to Japan, news of the discounting spread quickly across the globe. Wire service reports with headlines saying "Sony slashes price tag for delay-hit PlayStation 3" surfaced in numerous local newspapers in the US.

These, in turn, fueled a rumor firestorm that the 20GB PS3's $499 US sticker price would also be cut before it goes on sale November 17. Sadly, though, Sony is sticking firm with its North American PS3 plans. More...

Credit: Game Spot