Firstly, like the Xbox 360, the PlayStation 3 will be available in two flavours – one with a 20GB hard drive and another with a 60 GB hard drive. According to Sony, the 20GB pack will come without compatibility for MemoryStick/SD/CompactFlash, WiFi or HDMI OUT (i.e. no true 1080p).
The launch details are:
Japan on November 11th
20GB - 59,800 yen
60GB - open price (retailers will set it)
US on November 17th
20GB - $499 US
60GB - $599 US
Europe on November 17th
20GB - 499 Euros (£340 based on current exchange rates)
60GB - 599 Euros (£410 based on current exchange rates)
Australia on November 17th (prices quoted directly fron Sony Australia)
20GB - $829 AUD
60GB - $999 AUD
There's approximately a 20% increase in price (based on current exchange rates) between the US and European prices. Australasia was included with the European pricing, so it would be reasonable to expect that we will be in the higher price band.
Interestingly (if these release dates stand) while Japan will receive the console first, thanks to the time difference the PS3 will launch in Australian before Europe and America.

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