Add The Hollywood Reporter to the list of sources reporting that a 40GB PS3 is on the way to the US in November.
Citing an industry source, and a buyer for a major game retailer, The Hollywood Reporter notes that the new PS3 model will have fewer features than the current model, with only two USB ports instead of four, and eliminating the backwards compatibility with the PS2 and PS One.
The new model will retail for USD $399.99.
Last week, rumours surfaced about the new 40GB SKU, with documents from US retailer Best Buy apparently confirming the USD $399.99 price and early November release date.
The Hollywood Reporter story does not mention whether or not the new PS3 will be bundled with a Blu-ray disc of Spider-man 3, which the Best Buy document purported to show.
The latest news of a cheaper PlayStation 3 console coming to North America follows the official announcement of a 40GB PS3 being released in Europe.
SCEA has yet to officially confirm the release of the new console.