According to several news sources, and from the official site itself. They've confirmed a price drop in North America. Which's $100 down from it's launch ($599).
Along with this, they also confirmed that we would be getting a 80GB edition of PS3. Such features include
- Emotion Engine; taken out (you can only play legacy games via system updates)
- Motor Storm included
- Rumble feature on the revamped SIXAXIS controller