Rumor: $99 PS2 on the way

The word on the street is that a $99 PS2 is on the way. Of course, Sony denies it to protect the current PS2 sales, but given that the previous PS3 rumor was spot-on, people tend to have more faith on rumors than Sony’s denials these days.

CVG is cited as the source, and according to them, a built-in power supply would be the cornerstone of this cost-reduced version. For such an old console, PS3 is still selling fairly well and any price reduction is likely to boost sales.