Sony cuts price of PS2 to 5000 INR !!

While many video gamers are keeping their fingers crossed and hoping for a price cut on the 20,000 INR PlayStation 3, Sony Corp. is pulling off a bit of a switcheroo, slashing 1500 INR off the cost of the PlayStation 2.

Though serious video gamers have moved on to the next generation of consoles the PS3, Microsoft Corp.'s Xbox 360 and Nintendo Co.'s Wii.The PlayStation 2, which was introduced in 2000, remains a steady seller. As of Wednesday, Sony is cutting the price to 4,999 INR, from 6,500 INR previously.

"For some families, 5,000 INR is a great way to get into video games," said Peter Dille, Sony's senior vice president of marketing. He suggested that people who have already moved up to the PS3 might consider buying a PS2 as a second console for the bedroom or a vacation house.

Dille pointed out that the PS2 was the "most played" console of 2008, according to Nielsen Co., accounting for 31.7 percent of gamers' time. "That's fantastic proof for our 10-year vision," he said meaning Sony expects the PlayStation 3 will be running strong until 2016.

Its slim, it can be hacked to do lot more than what it can. It plays DVDs and CDs stuff too.

It has 1,900 titles in total, including 80 new titles coming out this year! It has pretty good graphics for what it is, a 8 year old console.