TOKYO (Reuters) - Japan's Sony Corp is expected to unveil a smaller version of its popular PlayStation 2 game console on October 26, The Hollywood Reporter said on its Web site, citing retailers and industry analysts.

Sony Computer Entertainment (SCE) declined to comment, but the conglomerate's game unit will be holding a briefing in Tokyo next Tuesday to explain its business strategy and industry watchers expect it to unveil the new product then.

Ken Kutaragi, known as the father of the Playstation, will be at the briefing.

Called the PStwo, Sony's new console will be 30 percent smaller than the current PlayStation 2, but is expected to retail for the same price of $149, the entertainment trade paper said in an article dated September 15.

Sony's expected move prompted Take-Two Interactive to push back the release of its "Grand Theft Auto: San Andreas" video game by one week to October 26 to coordinate with the launch of the PStwo on that date, The Hollywood Reporter said.
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Source : Reuters

I would wait to see PS3, already own a PS2

(in reply to SiliconFreak)

Heyyyyyyy......You said You own PS2, but this it PStwo! And its also gonna be 30% smaller than Your "old" one, which occupies almost entire room...so...consider buying this one first...and when You get used to it (somewhere in mid-2005)...there will be brand new PS3 waiting just 4 You!

(in reply to emperor)

go go Sony and release a powerful PS3

(in reply to SiliconFreak)

Have some patience...Sony is smarter than Intel...if it was releasing PS's at same pace as Intel is releasing its CPU's...we would have now been waiting for PS389 instead of "only" PS3...

(in reply to emperor)

I wonder if the smaller console will have all the same functions as the original ps2

(in reply to SiliconFreak)

Here you go...

(in reply to S33K3R)