Sony has just announced that they will be cutting the price of the PSPgo on November 1st to $199 from the previous $249 price point. This is the first price cut for the system since it’s release just over a year ago and will hopefully sell more systems for Sony, whose portable system sales have been low this year. The price will also be dropped in the UK from £225.99 to £159.99.

Sony cuts PSPgo handheld prices in U.S. [Reuters]

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