It wasn't so long ago that the PS3 went from the original "fat" console to the new slim version. The slim version took up less space, which was a good thing. Reports are coming in now that the PS3 is set to get another hardware update.
Bit-tech reports that the PS3 is getting a new RSX graphics chip and RMA tweaks. The new graphics chip is a 45nm version using 15% less power and is less prone to overheat.
Anyone that has ran an original PS3 inside a small entertainment center knows how hot the console can get. The machine will reportedly now get 128MB of XDR RAM in twin sticks rather than the four 64MB chips in the console today. A new cooling assembly is coming as well. Word is the new redesign might actually net Sony a profit.