The PS3 Slim has been on sale for a couple weeks now at the new $299 price point.  The PS3 slim has sold out at several retailers including BestBuy and Target.

It has been in and out of stock at internet retailer Amazon, but is currently back in stock.  During the last few weeks, it has held a firm grip on the Amazon Bestsellers List.  Microsoft fired a salvo at Sony last week by matching the $299 price point with their Xbox 360 Elite (120GB) console bundle, but has yet to knock off the PS3 slim from the Bestsellers List. 

Checking in at 33% smaller, 36% lighter, and only $299, the PlayStation 3 120 GB has Wi-Fi and a Blu-ray player built in.

Check it out:  Amazon Bestsellers List