Sony has officially announced the PlayStation 3 Slim confirming what the internet has been buzzing about for quite some time now. It will retail for $100 less than the older model (which is also getting a nifty discount as per the rumors of a 2009 PlayStation 3 Price Cut) albeit looking a bit less shiny.

PlayStation 3 Slim details

The slim model comes with a 120GB drive, will be 32% smaller, 36% lighter and draws 34% less power. Numbers aside, here’s some quick facts you may want to know:

• NOT backwards compatible with the PS2
• Has 2 USB slots and no card slots
• Still supports optical audio, HDMI, Ethernet and Wireless, and Blu Ray
• If you have a Sony Bravia TV, the TV will be able to shut the PlayStation 3 off when the TV is powered down.
• Includes an HDMI cable in the package
• Features the new PlayStation logo (from PLAYSTATION 3 to PlayStation 3), which uses a new font

The PS3 Slim will be available on the first week of September.

As for the PlayStation 3 Phat? It drops price to $300 (same as the slim model) for the 80GB and the 160 GB version at $400.

[Full spec list via Pinoy Tech Guy]
[via Gizmodo]

The unveiling of the PS3 Slim is simply quite timely. Firstly, with the September release, it basically ruins my plans of getting a Zune HD at launch date. And secondly, I’m now officially confused on whether to get a PS3 or an Xbox 360.. again Budget-wise, I may end up going for the PS3 Slim. What about you guys? Do you think the PS3 Slim is worth it?

I’ve also added official pictures courtesy of SCEE.