PS2 Price Cut to Less Than $100

Game system now costs $99

Sony previously said it would make a major announcement this week, and now that time has come. The PlayStation 2 will now retail for $99, breaking that magical $100 mark.

Getting competitive

The PlayStation 2 first launched in Japan nine years ago. So why the drop in price now? The Nintendo Wii has been selling faster year-for-year than the PS2. I speculate the “big announcement” and sub-$100 pricetag are designed to compete with the Wii craze. Most video-game hungry customers won’t even need payday loans to afford the PS2 now.

Older system, new games

Sony assures customers that the library of games to go with your new PS2, should you chose to take advantage of the new price, is still growing rapidly. The company says 1,900 new games for the PS2 will come out this year.

Personal perspective

As a member of a household that contains a PS2, I can say this new pricetag is pretty remarkable. In fact, some of the games for the PS2 right now cost more than the consoles. For instance, my roommate purchased the game Rock Band II, complete with accessories, for $129.

Right now, used PS2s on craigslist are going for $80 to $85. That isn’t much of a price difference from a brand new one, but online sellers generally include games with the system.

More on PS2

The Sony PS2 is already the most popular gaming system in the world based on units sold. More than 136 million PS2s have sold worldwide.

"Demand for PlayStation 2 remains strong throughout the world," he adds, "and the new $99 price point will bring in new consumers who will discover how PlayStation platforms are an outstanding choice for their gaming and home entertainment needs." ... click here to read the rest of the article titled "PS2 Price Cut to Less Than $100"