If your "out of da loop" a new PS3 slim will be released in the first week of September, sooooo will you buy one? I might, not sure yet.
Its 300 dollars with a 120 GB hard drive, which can removed without voiding the warranty. There will be no Linux or PS2 support. roughly 2/3 the size and power consumption of the the "godzilla" PS3s, which will be 100 dollars cheaper across the board.
I'm intrested in getting a 7th gen console, (got a DS, its the best thing since peant butter jelly sandwitches!:D) but none of them seemed worth it to me untill this PS3 slim was announced.