The price of the PlayStation 2 games console will be cut from AU$499.95 to AU$399.95 from June 15, bringing Australian consoles in line with the American price of US$199.95.
"We have now sold over 395,000 PlayStation 2 consoles in Australia and this move is set to expand our current installed base," Michael Ephraim, managing director, Sony Computer Entertainment Australia, said in a statement. -At the new purchase price of AU$399.95, the PlayStation 2 is the best value games console available with DVD movie playback straight out of the box."
The industry has speculated on a price cut for the PlayStation 2 ever since the Xbox was reduced to AU$399, and the Gamecube slashed to AU$329 in April.












Please, that's complete BS that it will be the best value console when it drops to $399. The Xbox will still maintain its better value tag even at the same price as the PS2.
You don't have to buy memory cards for the xbox, you don't have to buy a multi-tap for 4 player games, you don't have to buy an ethernet port for system-link games and broad band gaming.
The xbox, easily the best console at the moment.