Sony Computer Entertainment of America has officially announced the new PlayStation 3 system with 250GB HDD. The new model will be available on November 3 for $349.99 USD. Sony’s new PS3 Slim model has sold well since its launch in September, and this latest 250GB unit will offer the same form and functionality as the 120GB model, but with a larger hard drive. Sony has sold some 1 million units worldwide in the first three weeks of its launch.