The high cost of PS3 was one of the main reasons why it wasn't that popular among the larger gaming community. PS3 was slowly being phased out by Sony, where PS3 Slim is being showcased as a good replacement. The low cost is good news for those wanting to buy PS3, however those considering upgrading from PS3, the Slim version has no new features to offer.

The new system also comes with a matte finish, a relief over the fingerprint magnet finish of PS3. Since it's the same features in a new box, there are very subtle differences between the older and the new version. The disc drive in PS3 is a lot louder than the original PS3. Though it's not a big problem while watching a Blu-ray movie, it could become a tad bit annoying while playing games. Apart from this change the two systems can actually be called twin brothers, except one is fat and other is Slim!

Both systems support MPEG-1, MPEG-2 and MPEG-4 playback from USB or a disc-based media player. Apart from this, it also allows you to view JPEG images. The back portion has an HDMI output, Ethernet jack, optical digital audio output and proprietary PS AV output.

PS3 Slim is a disappointment for those still having PS2, as the new system is not backward compatible with PS2. So if you cannot do without your favorite games on PS2, its best to go with the original version of PS3.

Whether you should consider buying PS3 Slim is a matter of choice and needs. If you have been waiting for PS3 prices to drop, then PS3 Slim provides you the chance to get the same features at a lower cost. On the other hand, if you want to upgrade from PS3, don't waste your money.