Update: Sony has told Eurogamer the UK PS3 price will drop to £199.
Original story: Sony has confirmed a global price cut for the PS3.
The new price will be 249, $249 and 24,980 Yen. No UK price was given.
Amazon.co.uk has already set the ball rolling, however, dropping the UK PS3 price to £215 for the 320GB PS3 and to £192 for the 160GB PS3.