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PSP price slashed to $130

In what can only be seen as a sign of the Next-Gen Portables to come, Sony will cut, nay, slash (perhaps even hack) the price of the PSP-3000 to $130 beginning this weekend. The new price removes a considerable $40 from the previous $170 MSRP. Additionally, all 3000-bundled "Entertainment Packs" will be reduced to $160. The PSP Go price will remain $200, for now.

The new price will go into effect this Sunday, just in time for the Academy Awards. "And the Oscar goes to ... value."