Okay, so Luke might have been a bit off on his predictions about when SCEE would be handing out a piece of that sweet price cut pie to European PS3 hopefuls. In his defense, he did indeed say "Sometime this week?" tentatively before following his instincts off a precipice to be dashed on the rocks below. A Sony Computer Entertainment Europe representative has since been in touch with the folks at GamesIndustry.biz to reveal a major announcement regarding the PlayStation 3 dropping this Thursday at E3. No specifics were given of course, but the rep did state it would be related to the North American price cuts and model shuffling officially announced this weekend.

Now technically it could just be the announcement of the 80GB system for Europe and not a price cut, so don't count Luke out of the analyzing game yet! There is still a chance he can make Pachter proud.

Sony to announce new PS3 Euro deals [GamesIndustry.biz]