Playstation 3 will be region-free!

Playstation 3 will be the first stationary console that will not use any form of region coding. Something that has been common with portable units, but that has finally found its way to Sony’s coming game console as well. This will ease the game development, but above all make it easier to release games all over the world at the same time, I.e. if the game has been made with consideration to the different standards used (PAL/NTSC). This also makes it possible for consumers to import games from places all over the world, on the other hand something that most likely will not be as necessary now, but there is still the option to do so if necessary.

Source: IGN