President and CEO for the SCEE division, David Reeves, confirmed that the 80GB PS3 won't make it to Europe.
The reasoning behind this is rather absurd, and this is a direct quote "As for the 80Gb console, there are markets like Korea where there’s very high broadband penetration and the people there are used to downloading content, so they require a certain size hard drive. But at the moment we don’t see a requirement for launching this version in Europe. Certainly not in the foreseeable future."
I don't know about you, but I would guess that most PS3 owners in Europe has a broadband connection of some kind and that they're more than happy to download content and store it on their hard drives as long as the pricing is right.
As for the 20GB version, well, I don't think anyone is too unhappy about this, but once again, Sony's reasoning is rather odd "I can confirm that it’s highly unlikely that the 20Gb version will be launch in PAL territories. The majority of retailers are happy that we launched with just the one unit. It has made things simple for them."
Considering that this model would be a fair ammount cheaper, it should have as much potential as the 20GB version in other markets, but maybe it's just a matter of Sony not selling a lot of 20GB models due to the crippled package.
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