April 3, 2007 - Our US brethren posted news earlier today confirming a price drop for the PSP in the United States. The PSP Core Pack will slide from US $199.99 to US $169.99, or at today's exchange rate, from AU $246.29 to AU $209.32, which, no matter which way you look at it, leaves Australia's AU $349.95 for the PSP Base Pack and AU $399.95 for the Value Pack looking in desperate need of some price trimming.

Unfortunately, there's no indication of a local price drop. A Sony Australia representative told us that "We have no announcements to make about PSP in the Australian market at this time." You'll be the first to know if anything changes.

Thanks to IGN.com for sharing the news with us!