The PlayStation 3 slim is noticeably smaller than the original PS3, has a 120 GB hard drive and will go on sale the first week in September.
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Sony PlayStation 3 Slim Launch Edition 120 GB - Charcoal Black (CECH-2101A) for sale online
New Sony PlayStation 3 is slimmer, has 12GB flash memory - CNET, game playstation 3
Unboxing Sony's PS3 Slim - CNET
Sony PlayStation 3 - Slim Video Game Consoles for Sale