Since we're psychic, we reported to you last week that Sony was contemplating dropping the price of the PlayStation 2. Sony Computer Entertainment went ahead and made it official, announcing that the PS2 will now retail for $129.99 ($139.99 in Canada). Despite only lowering the price $20, Sony expects this latest price move to fuel consumer demand even further.

"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 CEO, SCEA. "Now even
more consumers, as well as casual gamers, can experience what the PlayStation 2 platform has to offer — an unrivaled combination of the largest selection of software, a growing community for online gaming and one-of-a-kind accessories such as EyeToy – at a new value price."

I can't imagine this new lower price being a deal breaker for anyone that hadn't bought the system, but hey, lower prices are lower prices.