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We have heard rumors that there is an all new Sony PS3 which slims down to a nice portable console. The rumor could be true because of Sony’s past of releasing the PSX and PS2 Slim. We say that this will not come out in the near future that is because of the drastic changes that would need to be done to slim the current model. A redesigned PS3 most likely will come in to play in late 2009.