In an unexpected move, Sony has announced an 80Gb Ps3 console to be released in North America this August.

The new piece of hardware will be launched in a bundle with a copy of MotorStorm and retail for $599 (£300).

In addition, Sony has let on that the rumours flying around last week regarding a price cut for the 60Gb model were true. Effective immediately, it will be on sale for £499 (£250).

However, there’s been nothing heard of plans for the console’s release in Europe or Japan.

Jack Tretton, president and CEO of SCEA commented, "As we move into the next phase of PS3, it's important that we continue to evaluate our product line, offering consumers the technology and features that meet their growing needs for new forms of media and the way in which it is delivered.

"The introduction of the 80GB PS3, the new pricing for the current 60GB model, the availability of more than 100 new software titles this fiscal year and, finally, the expansion of services for PlayStation Network, will provide even more options for users and will help bring new consumers into the PS3 fold."