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With 50 million PS2′s sold in North America alone Sony has a lot to be proud of, at least a lot about the previous generation to be proud of. To celebrate they’re lopping a bit off the PS2′s price tag as of April 1st, making it a penny shy of a hundred bucks at retail. “Big deal,” I said looking for PS3 price cut info in the PS Blog announcement, “but how does that compare to other last-gen machines that cost-conscious moms and dads might want to get for their kids anyway?”

Of course it then hit me that both the GameCube and Xbox stopped production some time ago. Sony has a large and profitable market to themselves. Let’s see what PS2 sales numbers do in April.

At a hundred bucks for a brand new, slimline PS2 including the formerly separate network adaptor for online play it could also spur collectors of so many classic PS2 titles to just go out, pick up a brand new system for the price of 3 or 4 classic titles, and get over the missing backwards compatibility in the PS3. The slimline PS2 is still far more compatible than hardware PS3 compatibility ever was, so if you want the best PS2 experience it’s the only way to go.

And while I’ll be the first to admit reneging on PS2 backwards compatibility promises for the PS3 has hurt Sony with the hardcore crowd, keeping PS1 compatibility has been good for them and I’ve found that even on my hardware-backwards-compatible PS3 I almost never play a PS2 game. There are just too many quality PS3 titles taking up my time.

Source: The PlayStation Blog