Well they also cut it in Japan by about $120 but we don’t have a lot of readers there. Many of our readers come from the US and so, $50 off the PSPGo. Does this indicate they’ll have a new version out soon? Maybe a 32Gb one? Or perhaps they’re readying the next PSP for market in time for the holidays?

It might just be that they’re not selling very well and that they think this will help holiday sales or, it’s just the standard logical step in the product’s lifecycle. Either way, it’s done.

Sony Corp said today it would cut the price of its PSPgo portable game player in the United States and Japan this month as game makers enter the crucial year-end shopping period.

The price of the latest incarnation of the PlayStation Portable, launched about a year ago, will be cut to $199 from $249 in the United States and to 16,800 yen ($207) from 26,800 yen in Japan.

Now, I might even grab one up to supplement the old GDN PSP-2000 we have here in the office. Could sure use that storage space for DJMAX Portable 3.