Sony PSP dips down to $130, wants to be your cheap thrill until the NGP gets here

Sony is treating its portable gaming fans well these days by giving them the one-two punch of having both a world-beating device to look forward to in the future and an affordable one to pass the time with until then. Starting this Sunday, the venerable PSP-3000 will be yours to own for just $130, taking it dangerously close to impulse buy territory, while Sony is also adding a few more titles to its $20 PSP Greatest Hits collection, including Assassin's Creed: Bloodlines, Metal Gear Solid: Peace Walker and LittleBigPlanet PSP. Skip past the break for the full press release and the new ad video to promote the cheaper portable.

Sony PSP NGP (Next Generation Portable) Revealed

Betcha didn't think this day would come, but it finally has. Sony has just come clean with its next-generation PlayStation Portable. It's actually codenamed NGP and will revolve around five key concepts: Revolutionary User Interface, Social Connectivity, Location-based Entertainment, Converging Real and Virtual (augmented) Reality. It will be compatible with the PlayStation Suite and is backwards-compatible with downloadable PSP games and content from Sony's PlayStation Store.

Specs include a quad-core ARM Cortex-A9 processor, 5-inch touchscreen OLED display with 960 x 544 resolution, dual analog sticks (not nubs as on the current generation), 3G, WiFi, GPS, a rear-mounted touchpad, the same accelerometer / gyroscope motion sensing as in the PlayStation Move, an electronic compass, and cameras on both the front and back. Available this holiday season. Wait... what?!
Sony's next PSP, codenamed NGP