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PlayStation 3 120GB: $299
PlayStation 3 120GB: $299
The PlayStation 3 isn't the cheapest video game system out there, but its recent $100 price cut made it the fastest-selling one.

Sony's third generation PlayStation has had a lot of things going for it since its late-2006 release: in addition to its high-definition graphics, and fantastic game selection, it also sports a Blu-ray disc player.

But the initial $599 price tag ($499 for the smaller version) was steep, even for the most passionate gamers. As a result, the Nintendo Wii and Microsoft XBox 360 left PS3 sales in the dust.

Now, a PS3 can be had for under $300. That's not bad for just a Blu-ray player, never mind a video game system.

If you're looking for something less expensive, the Wii and Xbox 360 Arcade Console are now both available for $199, after both recently sported price cuts.

NEXT: Kindle: $259
Last updated November 18 2009: 11:44 AM ET
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