In other news, Sony has also announced a new “value” model of the PSP that lacks Wi-Fi capabilities. Currently the price for this model is 99 Euros which is about 143 USD. We will see what the price of this value model will be here in the United States since you can get a new PSP 3000 Core Pack at Gamestop for $129.99.

In my opinion, I don’t think this new PSP will be of much worth since the Vita is coming out soon and the fact that this value PSP does not have Wi-Fi capabilities.

[Source]

UPDATE: This PSP will be available only in Europe.