PS2 price drop, new colors for Japan [UPDATE] Sony announces that it will cut the price of its PlayStation 2 console in Japan by around 20 percent later this month.

Sony is giving Japan the gift of new colors for both the PS2 and PSP later this summer. The company anounced today a red PS2 and a blue PSP, to be available in limited quantities in July.

One PlayStation fan shows off a collection of unopened PlayStation 2 consoles, with a couple of them being rare color variants.