Found the link on another website. Yes it is true. There is currently an 80 gig PS3 for $300 on the Dell website. Get em while they're hot
http://accessories.us.dell.com/sna/products/Games/productdetail.a
spx?c=us&l=en&cs=19&sku=A1985585
PS: I bought the PS3 with a Dual Shock(Which was on sale btw for $35) for a around $360 free shipping. Awesome deal imo. Tell anyone who was waiting for this price drop asap!