There have been unconfirmed reports posted on the Internet regarding a permanent price cut down to $99 for the aging Sony PlayStation 2 video game console.
It looks like U.S. retailer K-Mart will begin circulating a new product catalog with the altered prices beginning on April 5. If true, other retailers will likely follow suit shortly after, though it should be interesting to see how interested consumers are in this particular reduction in price.
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The last major price cut for the PS2 took place in April 2006, when the console dropped to its current price of $129.99, and this could mark one of the final times the unit gets a lower tag.
And while it's very likely that the PS2 will receive a price cut, Sony fans may be disappointed to hear that there is no evidence thus far that would indicate the next-generation PlayStation 3 game console will receive a similar reduction. Many fans still want to see the PS3 drop down to $299.99 -- though Sony has said that the move is rather unlikely.
Despite all the talk of a possible PS2 price cut, Sony is expected to announce something on Tuesday, which could range from a confirmation to the PS2 price cut or a God of War 3 announcement.
