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40GB PS3 coming to North America next month?

Sony will allegedly release the 40GB PlayStation 3 console across North America next month, according to a report on the Nielson Page.

The article cites various electronic retailers as its source, claiming that the new SKU will ship across the region from November 2 for approximately USD 400. If true, this puts the machine at USD 200 cheaper than the current 80GB model.

The 40GB console discards PlayStation 2 backwards compatibility, multi memory card slots and features two USB ports instead of the four featured on other models. The machine is currently only available in Europe, where it launched last Wednesday.

Stay tuned for more developments as they break.