Sony PS2 Price Cut to $99.99 is Official, no big PS3 News

Mar 31 2009, 7:07am CDT | by Luigi Lugmayr

Sony today announced that PlayStation 2 will be available starting April 1st for $99.99 (MSRP).
We reported earlier today about the new PS2 price leaking on a Target ad. The rumored big PS3 news for today is just a rather unexciting PS2 news.

Since launching in 2000, PlayStation 2 has sold more than 136 million sell-in units worldwide, making it the most popular gaming console in industry history.
The PS2 console's vast library of games from all genres for all types of audiences will grow to nearly 1,900 titles this year.

Sony's CEO Jack Trenton takes the PS2 as example of the 10-year product lifecycle Sony always talks about. He said what the PS2 did with the DVD, the PS3 will do with the Blu-ray disc. I do not think it will work this time around. The internet and streaming video will cut the life of Blu-ray short.
Via this Sony announcement (pdf). Buy the Sony PS2 on Amazon.com.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.