Sony has said publicly that it will launch a second generation Blu-ray this summer for $599.
However, TVPredictions.com has learned that at least one electronics chain in the Washington, D.C. area has been notified that the player (Model: BDP-S300) will be priced at $499.
The chain's representative spoke to TVPredictions.com in confidence. However, he said Sony plans to ship the new Blu-ray player late this month and it will cost $499.
These guys are usually on the ball so I tend to believe this news.