The President of Sony Computer Entertainment, Kaz Hirai, made a statement saying that the prices on the PlayStation 3 will go unchanged through the rest of the year.
As for the status of Sony's much touted PS3 Home? Here's what he had to say on that matter:
There you have it ladies and gentlemen, no PS3 price drops occurring this year and Home still has no final release date.
Source
“The answer is yes, if you’re asking, ‘Are these the prices we’re going with this Christmas?’”
As for the status of Sony's much touted PS3 Home? Here's what he had to say on that matter:
"We’re going online with an open beta [version] by the end of this year."
There you have it ladies and gentlemen, no PS3 price drops occurring this year and Home still has no final release date.
Source