$100 PS3 PRICE DROP BY MAY

Chinese Website Hexun.com is reporting that Sony is indeed planing a $100 price drop that is set to happen in April or May at the latest. This contradicts reports earlier in the week that stated the price drop would happen within the next few days. No word was given of the supposed plans to cut Blue-Ray functionality from the low end model. Which in our opinion does not seem likely at all.