Wedbush analyst Michael Pachter believes PSP2 could sell for $250/£200 when it launches later this year, although Lazard Capital Markets' Colin Sebastian is anticipating a higher price point.
"It's a pretty impressive device, the screen is relatively expensive, and the feature set suggests to me that we'll see something in the $249/€249/£199 range," Pachter told us.
"I suppose it will sell incredibly well for the first year (would bet 15 million or so), and then it will succeed or slow based upon the availability of software, much like the original PSP," he added.
In a research note distributed following the portable's official reveal in Tokyo this morning, Sebastian said: "While Sony did not reveal launch pricing, based on the specs of the device and competitive landscape, we would expect $299 or higher in the US."
Sony Computer Entertainment Europe boss Andrew House said earlier today of PSP2 pricing: "I can't put a ballpark on it in terms of figures, but what I would say is that we will shoot for an affordable price that's appropriate for the handheld gaming space."