If you haven’t bought a PlayStation4 yet, don’t. At least not until October 9th because the PS4 will be getting an official price cut minus $50 making the price of the 500GB PS4 $349.99. You can even get this new price with the holiday bundles this year when they are released:
The price cut is probably in anticipation of a regular 1TB PS4 model that isn’t the Call of Duty: Black Ops 3 bundle. That one will most likely be $399.99.
On that note, I recommend picking up the 500GB model and if you need more space, grab a 2TB HDD upgrade for cheap and increase the space on your own. It’s not very hard to do.