In the report, a source has said that the new updated design will be smaller, lighter and may contain a 160GB HDD. There have been other rumors recently claiming PS3s with larger capacity HDDs are coming but this latest rumor seems a bit far-fetched, considering how young the PS3 is.

Sony, as is policy, refused to comment. “We don’t comment on rumour or speculation.”

The rumor is not completely off base though. Sony has introduced slim versions of its PSP, original PlayStation and PlayStation 2 after production costs fell.

The Modern Warfare 2 presentation showed how players will have to scale snowy terrain in harsh conditions, with combat affected by visibility thus having to gingerly rely on commands from elsewhere.

This trailers a little different. It’s all action right from the off, culminating in a frantic finale involving a speedy snowmobile fueled gunfight. It’s looking awesome.