Claiming to have word from a ‘particularly well-informed insider’, it claims the new machine (T3’s interpretation is pictured) is substantially smaller and packs a massive 160BG hard drive – nearly three times the size of the launch 60GB machine and four times the size of the current 40GB console.
A SCEE spokesperson told MCV that the rumour was simply "rumour and speculation".
Admittedly, Sony has always redesigned and slimmed down its machines after a time on the market – with the launch of the PSP Slim & Lite being the most recent.
But is such a move likely this early in the PS3’s life-cycle? Time will tell.