Sony has announced the pricing and availability of the 80GB PS3. The new PS3 with 80GB will comes together with a free copy of MotorStorm and will retails for $599. The 80GB version of PS3 will be available starting August. The larger hard drive will allows user to have opportunity to take advantage of all the downloadable games and trailers on the PlayStation Network including the forthcoming download service that include videos, movies and other entertainment content. Another good-news is that the 60GB PS3 will be lowered to $499, a hundred bucks away (effective immediately in North America).

More info available at official Sony PlayStation blog