A brand new PlayStation 3 model debuted at Gamescom, packing 12GB of internal memory and an affordable price tag.

It may not be the beefiest PlayStation 3 on the Market, but it's certainly one of the cheapest. At an MSRP of $199.99, it's hard not to recommend this new 12GB model to any newcomers to the PlayStation 3.

12GB may not sound like much space, but it's enough to grab a PlayStation Plus membership, download a few games and start playing. With only a few more months until the release of the PlayStation 4, some folk might not want to buy a current-gen console. But for those of you who haven't tried the PlayStation 3 yet, now's the perfect time to see what you've been missing.

Let us know if you're going to snag this 12GB model in the comments below!