Today, Sony revealed that a 500GB Charcoal Black PlayStation 3 is going on sale in Japan from August 28 for 25,980 yen ($253). The current 250 GB models (here and here) are priced at 23,790 yen ($232) each and will ceased being shipped by late August in Japan. No word about how this impact PS3s sold outside Japan.
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It's funny, 500GB seems like overkill.
I bought a lot of digital titles for my 32GB PS3 and I still have no issues with space. Then there's the dang Vita...