YouTube’s Co-founder Steve Chen announced the release of new 1080p player last week at the NewTeeVee Live conference in San Francisco.   It should be available within the next few days, my guess is before the end of November.  The idea for the player’s 1080p capability sprung from the increased production of “connected TV displays”.  The only questionable aspects are bandwidth capability.  Lower bandwidths may cause loading lags and pixelation of the content.  So before you decide on the new plasma or LCD, make sure to consider the YouTube capable TV.  Also, many BluRay players are already YouTube ready.

Sony PlayStation 3 to be released September 1st at an attractive  price point ($299.99).

New PS3 is just around a corner, with its release date scheduled for September 1st. New model retains all features of of the older PS3. Per Sony, it is 36 percent lighter, 33 percent smaller and it comes with a 120 gigabyte hard drive.

Great news to those who want the PS3 but don’t care about its new look: the older PS3 model now retails for a mere $100.

In addition, PS3 has become a most price-efficient Bluray player out there. At a $100 price range there no question this gaming system has become a solid competition to all stand-alone Bluray disk players, which start at roughly $199 and up.

Via www.electronichouse.com