There are really only three things you need to know about the PlayStation 4 Slim. If none of that quite makes sense, don't worry. Here's why Sony currently has two PlayStations on the market, and how they differ from one another.

The newer PS4 has a smaller footprint, slick design, quieter operation and keeps intact all of the PS4 awesomeness it's offered since 2013; The slightly updated DualShock4 controller is a bonus

The slim PS4 loses its optical audio port, which will be a bummer for third-party headphone users; The somewhat pricier PS4 Pro delivers a larger hard drive and the promise of better graphics

After selling over 40 million consoles, Sony is refreshing the PlayStation 4 . That starts with the PlayStation 4 Slim, available now for $299, along with the PlayStation VR headset (out next month) and the higher-powered PS4 Pro, which comes out in November.

The PlayStation 4's beautiful graphics, smart interface, blazing performance, near-perfect controller and better indie offerings give it an edge over the Xbox One -- though that edge is ever-shrinking.

The PlayStation 4 serves up dazzling graphics, runs on a simplified and logical interface and boasts a fantastic controller; It has the upper hand in indie games and can stream a constantly growing list of legacy titles via PlayStation Now.

The Xbox One has a slight edge in non-gaming entertainment features such as streaming content and media portal apps.

If you don't have a PS4 yet and aren't swayed by the (uneven) graphical benefits of the PS4 Pro, the PS4 Slim offers the same excellent gaming experience in 1080p, and all of the storage, for $100 less. It remains an Editors' Choice as one of the best home game consoles available.

Smaller, sleeker design; Supports the full PS4 game library, including PS VR; 1 TB hard drive

No PS4 Pro-like hardware improvements; No optical audio output; Online multiplayer requires a PS Plus subscription

Sony has created a powerhouse with the Playstation brand and loyal followers have come to expect unrivaled versatility and performance from any device bearing the brand name. The Playstation 4 is heralded as one of the most advanced gaming consoles on the market today with elevated capabilities...

True gamers have always been early adopters, but I believe the next-generation of gaming is still a year or more away when it comes to game design and making the most out of the amazing system Sony has delivered.

Positives Great new design; incredible controller; integrated sharing and streaming; cool remote and second screen features

Negatives Online now requires PS Plus subscription; limited export capabilities; no Bluetooth/IR support for headsets or remotes; poor library management; weak launch lineup; no MP3 or DNLA support

The system is good, the delivery was a mess a though. Delivery-man left the package in front of my house in plain view, my neighbor bless her heart saw wome individuals went to my house and placed the package on my doorstep, which is what the driver should have done in the first place instead of...

I was kind of hesistant to make this purchase at first since I have never heard of this company before. The ps4 slim gold that I ordered was shipped to my place in Canada within 5 days. Excellent service. Would recommend this company to anyone looking to buy electronics online.

I bought this system about 2 weeks ago, I traded to get it. Best decision I've made. I got it for the exclusive games that Playstation offers. Great system, fast downloads and lots of extras.

Really this system is nothing but improvements over the launch PS4. If you're looking into getting a PlayStation for the exclusives or you're on a tight budget, this bundle is a wonderful gateway drug (heh). If you're getting a PS4 because you want great graphics and virtual reality

Right off the bat it looks way better in person than in pictures, it's a very minimalist design compared to the launch model, which I'm a fan of; Plus due to it being an entirely matte finish (minus the PlayStation logo), it's more fingerprint resistant than the launch PS4.

The rear hard drive tray door comes of somewhat easily; I haven't had any problems but I've heard other people have