However, there's really not that much to be excited about since 12GB is peanuts even if the console is cheaply priced at $200.
Of course, there are alternatives like external hard drives and modding, but it seems like a lot of work and more money spent.
It's probably safe to say you're better off with a PS3 with a larger hard drive, or simply waiting around for the new PS4.
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Our blips are small like the 12GB, but definitely more entertaining.