Ha ha, 1up channels Loltaku, and then Slotaku strikes again! Digging up innuendo from Chinese message boards...sigh.

IMO, the pics are fake.

Seriously, though, I do believe the rumor about a slimmer, cheaper PS3 sooner rather than later, but I dunno if it will happen at E3. If anything, there'll be a price drop to clear out inventory on 80GBs to make way for a bigger HDD one.

Edit: so to recap, pics fake, rumor of cheaper PS3 with smaller, cooler parts = true.