"While we continue to innovate and design groundbreaking new products, we remain dedicated to our long-term vision for the PlayStation 2 platform," said Kaz Hirai, president and chief executive of Sony Computer Entertainment America, in a statement.
Soon, you'll be able to pick up a PS2 for only $129, which is relatively cheap in today's console terms, and it's likely that the price may drop even further after the PS3 hits the shelves and people largely turn towards that.
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