Thelast timewe heard of a PlayStation 3 price drop it was a little more believable. Many felt that the system was overpriced, so a lower price was definitely welcome. The reduction(s) in price came, and Sony had apretty decent holidayseason for it. Now rumors are surfacing of another price drop. Another reduction in price would be every bit as welcome as the first, but this time around we’ll be a bit more cautious with our hopes.

M&Csays that the folks atSlickDeals.netare saying that we might see a $299 40GB model by January 29th. SlickDeals did successfully break news of the prior PS3 and Xbox 360 price drops, but we’ve heard nothing else along these lines yet.

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Some may point to the recentannouncementof a reduction in manufacturing costs as evidence, but we’ll agree with M&C — Sony wouldn’t stand to gain much right now by dropping the price. You never know with Sony, though.

What do you think? Will we see a drop? Would this really benefit Sony in early 2008?

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[Update: Themoon speak here at Bloomberg Japanis a statement from Sony’s Kaz Hirai saying that there is no plans for a price drop. Didn’t they say that last time?]

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