Sony Computer Entertainment America (SCEA) has marked the recent second anniversary of PSP by airing PSP hardware price cut. The PSP Core Pack will now be available in North America for $169.99 ($30 short of the previous price).

SCEA’s also broadcasted, the availability of Daxter and Syphon Filter: Dark Mirror at $19.99, as new additions to the "Greatest Hits" program. These new additions will enable PSP users to build up their software library with two popular titles at great value.

The announcement is expected to generate strong consumer interest and drive software sales. The shipments of the hardware units rose to nearly 25 million units worldwide; more than one million new PSP systems sold in North America in December alone in 2006. The Software shipments surged to more than 90 million units last year.

There are clear signals of further surge this year with a software release schedule that includes exclusive titles from major franchises, including God of War, Ratchet & Clank, SOCOM: U.S. Navy SEALs, and Syphon Filter. Besides, new software releases, PSP owners hungry for retro titles now have the opportunity to play classic PlayStation titles on their PSP system.