According to the report at MCV, Sony will be launching a low-priced compact Playstation 2 in early 2008.
This new Playstation 2 should hit the U.S. next year for US$99, which is $30 below its current selling price. According to that same report, this new version should have a built-in power supply, which should make it more easier to manufacture; thus, contributing the reducing the price of the final product.
Playstation 2 is celebrating its seventh anniversary and during this time it has sold over 120 million units. As expected, Sony has refused to comment on these rumors and we suggest you take them with a grain of salt.