The PS3 has had yet another redesign as they have reduced the powerhouse console in size yet again with slicker contours and a sleek shape. The Sony Playstation 3 has various entertainment options such as Netflix, Hulu Plus, the video games themselves, their music streaming service, and more. Sony announced the launch of the new smaller and lighter PlayStation 3 at the Tokyo Game Show press conference this morning and it will be 25% smaller and 20% lighter than the current PS3 as well as holding both 250GB and 500GB storage sizes. It’ll also be available in two colors which are white and black. The black console will be out on in Japan October 4, while the white model will be out on November 22 and you can take a detailed look at the redesigned console below.