Despite imminent PlayStation 4 launch, now is a great time to buy the PlayStation 3

Gamers around the world are excited for the holidays following Sony’s (SNE) recent PlayStation 4 unveiling, but not everyone will want to shell out an estimated $500-$600 on the company’s new console. As such, budget-minded gamers who aren’t afraid to adopt a current-generation system on the eve of a new launch will be happy to know that PlayStation 3 pricing is likely about to plummet. “The PS3 was officially announced by Sony at E3 in May of 2005. Prior to its announcement, deals for the PlayStation 2 had been averaging $160,” Louis Ramirez of deal aggregation site Dealnews wrote in a recent post on the company’s blog. “After the PS3′s announcement, the PS2 dropped to an all-time low of $129, or 56%

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Despite imminent PlayStation 4 launch, now is a great time to buy the PlayStation 3

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