It’s official: Sony confirmed rumors that the last-generation PS2 will see a $30 dollar price reduction across North America, bringing the total MSRP of the console straight down to the budget-friendly cost of $99.99. At that price it might be worth just picking up another PS2. The cut goes into effect tomorrow — April 1. Says marketing director John Koller of the move:

Why is this so significant? Well most importantly, this new price means that more people than ever will be able to join in on the fun that so many of you PlayStation 2 owners have been enjoying for years, which means new families will become part of the platform’s record-breaking install base. With this new price, we intend to introduce a new generation of consumers – some of whom weren’t even alive when the system was first introduced in 2000 – to the immense entertainment value offered by PlayStation 2.

And yes, this was the big announcement. Will be interesting to see if PS2 spike up next month.

Follow this author on Twitter.