Sony unveiled a smaller, cost cutting PlayStation 2 to match up with the trend of continous drop in price in video-game consoles. The units will go on sale worldwide next month.

The downsized PlayStation 2, which weighs half of the current model at 32 ounces, will cost $149 in the United States and 149 euros in Europe, the same price as the current model.

The Tokyo-based company said the Japan price will be set by stores, but it is expected to be slightly cheaper than the current price of $180. These prices are about half the prices of the PlayStation 2 when it first went on sale four years ago.

By: DocMemory
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