PSP Available for $129.99 and Trailer

Sony Computer Entertainment America (SCEA) today announced that the PSP system will be available for $129.99 (MSRP) starting February 27, 2011. Since launching in 2005, the PSP system has sold more than 23 million units in North America and 67.8 million worldwide, offering more than 590 titles in North America as well as access to a vast selection of downloadable content from PlayStation Network. In addition to the new price point, 13 new games will be added to the PSP "Greatest Hits" and $9.99 "Favorites" software collections. Press 'read more' for details - a new trailer is now locally mirrored.