No PS3 price cuts before summer 2009

LittleBigPlanet makes you smile.

If you were holding off on buying a PlayStation 3 until it drops in price then you may want to let out that breath of air before you pass out.

David Reeves of Sony Computer Entertainment Europe has stated that Sony isn’t planning a price cut for quite a while, maybe not even this year. At least, not until the holidays.

To quote Reeves,

“No, we are not going to go down in price on PS3 – neither are we going to go down in price on PS3 in spring time either. Absolutely not, whatever you might have heard to the contrary. Our strategy is very much value added.”

So if you want to jump on the PlayStation 3 bandwagon, then it looks like you’ll just have to stomach that blow to your wallet. But it’s okay, you’ll be smilin’ as soon as you pop-in LittleBigPlanet or Metal Gear Solid 4. Either way, all of the systems are worth getting your hands on cause they all have good games to play at this point.