If you haven’t been following video game news recently then you may have missed a couple of key announcements from two big players in the industry. First off, Sony announced a redesigned PlayStation 3 console aptly named the PS3 Slim. As you might have guessed from the name the size of the console has been tweaked down a bit, and so has the price… beginning September 1st you’ll be able to pick one up for $300. Apparently September 1st isn’t an official release date, as PlayStation Guide Roger Altizer points out here , you might be able to pick one up now. Microsoft, in swift fashion has now lowered prices on the Xbox 360 consoles. Beginning August 28th you’ll be able to pickup an Xbox 360 Elite for $300 as well. Other versions of the Xbox 360 have been lowered also. Turns out the struggling economy may be just what the doctor ordered to make video game consoles more affordable. And without a doubt, this will make holiday dreams for many a bit more accessible. Where is Nintendo in all of this you ask? Sitting pretty at number one watching Sony and Microsoft battle to the death.

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Megan Fox, one of Hollywood’s most sought after young actresses and star of both the Transformers: Revenge of the Fallen movie and videogame, will be on Xbox LIVE® on Saturday, August 29 at 3:00 p.m. Pacific Daylight Time to challenge fans in multiplayer matches featuring new characters and maps from the Transformers: Revenge of the Fallen Character and Map Pack Plus.

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You won’t see the PC version for a couple of weeks, but Batman: Arkham Asylum is now available for the PlayStation 3 and Xbox 360 . So far no cheats have been discovered, but give gamers a chance. In the meantime, have a look at what achievements and trophies you can earn should you decide to pickup a copy of the game. Batman: Arkham Asylum Cheats – PS3 Batman: Arkham Asylum Cheats – Xbox 360

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Play Halo 3 with 3OH!3: “Electronic music group 3OH!3 stops by Xbox LIVE to play Halo 3 with Xbox LIVE Gold members August 25.”

(Via Xbox.com Community RSS.)

Game with Fame: Play NBA 2K9 with 311: “Alternative band 311 will play Xbox LIVE Gold members in NBA 2K9 on August 31.”

(Via Xbox.com Community RSS.)

Section 8 : Section 8 Behind the Scenes Part III Trailer HD: “Download and watch part three of the Section 8 behind the scenes series. In this episode, the dev team talks about the unique dynamic combat mission feature and deployables system found in multiplayer.”

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SouthPeak Lets Gamers Try Section 8 Before Release – Demo: “SouthPeak and TimeGate are giving console gamers a chance to experience the upcoming sci-fi FPS Section 8 on the Xbox 360 more than a week before it hits stores; today a sixteen-player, one-map MP demo hit Xbox LIVE Marketplace.”

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If you’ve been waiting around to get your hands on some cheat codes for Madden NFL 10, sadly, it looks like the wait may be even longer. From what I’ve gathered, only the Nintendo Wii has codes, and since I don’t have that version of the game and I can’t vouch for their validity. Either way, I’ve put code pages up that at least list the achievements, trophies and the Nintendo Wii Madden NFL 10 codes. If you know of any that aren’t there but do work let me know and I’ll add them in. Here are the cheat pages. Madden NFL 10 Cheats – Wii Madden NFL 10 Cheats – Xbox 360 Madden NFL 10 Cheats – PS3 Madden NFL 10 Cheats – PS2 Madden NFL 10 Cheats – PSP All Madden Video Game Cheats (the full list)

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GameStop to Host Batman: Arkham Asylum Midnight Events: “GameStop is hosting midnight launch events on Monday, August 24, 2009 – at more than 2,600 locations in the U.S., exposing fans to the depths of Batman: Arkham Asylum – Gotham’s psychiatric hospital for the criminally insane.”

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Set for release on August 27, 2009 for 800 Microsoft Points on Xbox LIVE Marketplace and $9.99 in the PlayStation Store for PS3, the pack contains eight brand-new playable characters and three new character skins, most of which are usable in both the single-player campaign and multiplayer.

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