Industry Magazine MCV Are Reporting That Sony Will Reduce The PS3's Price Once Again This Year.

The Playstation 3 was essentially relaunched in September of last year when Sony unleashed the new Slim system to much uproar.

MCV's claiming that the Playstation 3 will be brought down to £200, and the move could be announced as soon as next month's E3. When contacted, Sony "laughed off" the story.