PS3 Slim, and PS3 Price Cuts

Just announced, is the PS3 slim, yes you all guessed it, a PS3 slim. What is up with Sony and Slim, do they have something against fat? The price of the new PS3 will be $299, 299 euros, and 29,980 yen. It will have a 120 gig hard drive an not compatible with PS2 games. If you want exact details, go here.