While the 40GB PS3 is confirmed for Europe and possible for America, Sony took the time to officially announce the release of the 40GB PS3 in Japan and Australia. On November 11th, Japan will see the 40GB PS3 for $340USD. It will be just like it's European sister: two USB ports, no memory card slots, and no backwards compatibility. Price cuts were also announced for Japan. On November 11th, the Japanese 20GB PS3 will cost about $380USD, and the 60GB model will cost $469USD. In Australia, there will be no price cuts, but the 40GB model will be available for $699.95 AUD (roughly $620USD).