Playstation 3 to launch on 17 Nov for $500

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In an otherwise rather underwhelming presentation of its next-generation game console and upcoming software titles, Sony unveiled during the E3 opening keynote the launch date and price of the Playstation 3: The console will be available just in time for the holiday season and be available in two versions for $500 and $600 - and will include a motion-sensitive controller.

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