While we're waiting for Sony to announce a cheaper, slimmer PS3 during a press conference later today, K-Mart has this announcement on their front page...now. It looks like we get a new model and price drops on old PS3s. UPDATE:
K-Mart now has a pre-order page up as well for a $299 Slim (the same pricing we've seen leaked before...by K-Mart. Either they're the biggest screw-ups in retailer history, or Sony doesn't mind (and has even encouraged) the leaks. [Kotaku]