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(Pocket-lint) - The PS3 Super Slim 12GB has had a price drop announced by Sony on stage at Gamescom 2013. The 12GB slimline PS3 will cost just €199 in Europe or $199 in the US and is already available for a cheaper £160 to buy on Amazon.co.uk.

With the new PS4 priced at £349, and plenty of new games due out for the PS3, this could be a very tempting price for many people. Especially if you consider that you get a Blu-ray player, Wi-Fi and, of course, the ability to stream with Netflix, BBC iPlayer and the like.

If the thought of just 12GB storage leaves you gasping for air, fear not, you can expand using the USB ports. And with a PlayStation Plus subscription you'll get 2GB cloud storage - as well as plenty of savings on new and old games.

Sony also announced that there would be discount offer for those buying some PS3 titles also launching on the PS4. If you buy a copy of Call of Duty: Ghosts on PS3, for example, you'll be entitled to download the title at a heavy discount when it comes out on PS4.

Get unbelievable prices on digital games like FIFA 22 at Gamivo

Whichever console you opt for, it looks like a great year for gaming.

Writing by Luke Edwards.