It will come in the first week of September and cost $299 and also comes with a 120GB hard drive as well as being 36% lighter and 33% smaller. Also shortly after its release will come a new firmware upgrade bringing new features and enhancing features already on it like full PS2 compatibility. Also its going to come with a new digital reader service and have Marvel comic books. Here's a few links to some of those new features: animation to the XMB Marvel comics
I personally probably won't buy it but I know for sure my brother is. I'm content with gaming on the computer and when I'm not I just go to my sister's who has a Wii or my friend who has an XBOX360 and PS3.
I might. Right now there just isn't enough games for me to buy it. I'm pretty much only interested in White Knight Chronicles, and about every shooter on the 360 I enjoy more than a counterpart on the PS3, but I don't imagine it'll stay that way.