I haven't heard anything official by Sony saying there will be a 120 or 160 gig version, in fact they are making more 80 gig versions since they underestimated the demand for them. If you are in the market for a PS3, just get whichever model suits your needs best, and you can always upgrade the hard driver yourself, I hear it's not that hard. Just check out some playstation forums, or the blu ray forum for info on how to swap drives. Or you can just add an external USB hard drive.