Another fine video game institution has fallen. Well, sorta. Actually, the site’s business section is leaving AOL, working with Hammersuit LLC and moving to a new URL.

According to a message posted today (May 14, 2009) on GameDaily BIZ(see the full message below) subscribers are being asked to head to a different URL with the name IndustryGamers and subscribe to a yet-to-exist newsletter.

The message indicates that the GameDaily editorial staff will…

Man, what a week to go on vacation. I returned back to the states yesterday, all rested from a nice little tropical getaway, and what do I find – that my favorite magazine of all time has been abruptly canned, along with a huge portion of the network that it was part of. I know that everyone has heard about the demise of Electronic Gaming Monthly, and about the massive firing of 1Up Network staff (among them, most of the people responsible for the phenomenal podcasts and video content on the site), a result of the network being bought by UGO (part of the Hearst company).

In a recent interview with Sony President Ryoji Chubachi, he suggested that the PS3 price might be a bit too high.

According to the Japanese paper, Yomiuri Shimbun (aka The Daily Yomiuri), Chubachi said, “Sony does not rule out the possibility of lowering the price [of the PS3].”

That does not indicate that the PS3 price will, indeed, be dropped any time soon. It simple means, as stated, that Sony might possibly lower the price. What has been dropped is the price of …