Rumour - KMart confirm PS3 price cut and PS3 slim [Update]

Update: Even better, KMart have the Slim on pre-sale for $299 and on sale from August 24th, next Monday. More here.

Original Story: Only 8 hours and 34 minutes left until that presser, innit?

American retail chain KMart has revealed what finally seems to be what we've already known for months: a PS3 price-cut and the PS3 Slim.

"The rumors are reality. New low price & a new exciting Playstation 3," is what it says on the retailer's website.

If it wasn't official before, it is now - Sony are bad at keeping things a secret.

Thanks, Kotaku.