Just received the following email from Costco regarding PS3 availability:

Dear Costco Member,

You requested to be notified when the Sony PlayStation 3 Bundle is available for purchase at Costco Wholesale. This item will be available for purchase on costco.com on Friday, November 17, 2006 at approximately 8:00 a.m. Pacific Time. The item will be prominently displayed on the homepage of costco.com until it is sold out.

Due to an extremely limited supply, we can accept orders from current Costco members only on a first come, first served basis, with a limit of one unit per household. The Costco warehouses do not have units available at this time.

Orders for the Sony PlayStation 3 Bundle will be shipped via UPS by Monday, November 20, 2006. Tracking information will be available on costco.com.

We hope to receive additional quantities in our warehouses and on costco.com prior to Christmas, but we do not have an estimated arrival date, or approximate quantity at this time. We apologize in advance if you are unable to purchase this item from Costco Wholesale.

[Thanks Parker] 

Good luck and let us know if you score a PS3!