Update: The announcement is in - PS2 hits $100. Sound off here!
Following whispers over the past few days, it's now looking pretty certain that the good old PS2 (and not PS3) will have its price slashed below the magic $100 mark in the US.
The new $99.99 tag for Sony's last-gen console has been spotted in various sketchy forms recently, but a scan of a new catalogue for US retailer Target appears to confirm the rumours (via Kotaku).
Sony UK deemed it "rumour or speculation" and wouldn't offer any comment. PS2 currently sells in the UK for just under £100. We'll ask if it'll receive a price cut when the US one is made official.