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In a corporate blog posting this week, Sony has announced that it will introduce two new higher capacity models of the PS3 system.

The 160GB PS3 system which is shipping now will replace the 120 GB model and sell for tthe same price, $299.99.

The 320GB PS3 system will make it to stores on September 19, in conjunction with the launch of PlayStation Move. It will be part of the PS3 Sports Champions Move bundle, which includes one PlayStation Move motion controller, PlayStation Eye camera and a copy of Sports Champions.

The Champions bundle will sell for $399.99.
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