Rumors has it that Sony will release its PlayStation 3 Slim unit on August 18. It will officially launch prior to the Gamescom event in Germany, but details of the console are unknown.

PS3 Slim Footage

The console is really struggling. Amazon did price cuts on the 160GB PS3 bundle. The 80GB PS3 is reportedly being phased out and retailers are expected to only have 160GB units available.