I guess it was highly anticipated that Sony will drop the prices on their consoles after Microsoft and Gamecube did theirs. Well the news is in that Sony has done just that. Hopefully the reductions will apply to here in OZ real soon. (the prices below are in US dollars btw.. $199 US = $365 AUS)
"Sony Computer Entertainment America Inc. announced that effective immediately, its leading PlayStation 2 computer entertainment system will be available to consumers for $199, a more than 30 percent reduction from its current suggested retail price (SRP)."
"the company also announced a new price for the PS one console of $49 SRP, a reduction of 50 percent."
..More info at Gamers.com...and yahoo...