New PS2 Model Possibly Arriving in 2008 for $99

Sony already trimmed down its PlayStation 2 console in 2004, but it may be releasing another revision next year, and at a lower price point. UK gaming site MCV claims it can "exclusively reveal" the news of this new model, coming to the U.S. in early 2008 for $99. According to the site, European territories will see the new console as well. The console will supposedly have a built-in power supply, unlike the current slimmed-down model, presumably making it bulkier than the 2004 slim model but smaller than the original PS2. The move makes sense, as the price cut from $129 to $99 for the PS2 is really the last card the company can play. And since the PlayStation branch has been hemorrhaging cash since the PS3 came out--doubling their losses the most recent quarter--it would behoove it to do so soon, before the PS2 becomes even less popular. When contacted for comment, a Sony rep issued the following statement: "We haven't made any announcements regarding a price drop, and or redesigns on the PS2 and we cannot comment on any rumors or speculation."