Anyone desperately trying to find a PlayStation 3 to place under the tree next week might have a hard time believing it, but today GameDaily is reporting that there is actually a supply glut for Sony's new game console. OK, you're unlikely to walk into the local Toys 'R' Us and find one just sitting on the shelves, but the story cites a report from NotifyWire that indicates that the supply for the PS3 is actually higher than expected.

The reason, the report adds, is that some consumers may be putting off the purchase because of the console's steep price. Compared with last year's Xbox 360 launch, the PS3 has been in stock more often, in more locations and for longer periods. That's probably little comfort if you can't find a PS3 right now, but the good news (for would-be buyers anyway) is that the auction prices on eBay have also fallen. So if you're still looking, do some clicking. You might just find a Christmas miracle after all.

Post by Peter Suciu