Sony announced price cuts for PlayStation 3 model. The 40 GB version will retail for $399 while the 80 GB version’s price was also cut with $100. Sony Corp. tries to reinvigorate the sales of their new game console, because the things didn’t go in the right direction. The new prices will be available on November 2 when the new version of the PS3 will come with a 40 GB hard drive for the North American market. Same measures were applied in Europe and Japan, because Sony couldn’t battle with its rivals Microsoft and Nintendo.

Still, the PS3 remains more expensive than the rival game consoles. Its price surpasses with $50 the Xbox 360 and with $150 Nintendo Wii. Nevertheless, Sony have made the move before the Christmas shopping season. Better now than later. And I still prefer the Wii.

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Nintendo plans to launch a home fitness game. “Wii Fit” will be available for sale in Japan on December 1st for about 8,800 yen or $75. It uses a pressure-sensing “balance board” like in the picture below. The “Wii Balance Board” can sense motion and is used to play sport games like soccer, ski, aerobics and even yoga.

The company plans to launch “Wii Fit” on the other markets due to the success of the Wii console. Nintendo has outsold Sony’s PS3, which is more expensive and not so funny. Wii Sports gained success because it addressed to all kind of ages from kids to elderly. The rival PlayStation offers more expensive entertainment. Thus, Sony cut the price off by 10 percent in Japan this week.

Still I would prefer a nice “fitness game” from Nintendo. I would love to test that Wii Fit right away!