According to Joystiq, Sony has announced it will be lowering its price for its Playstation 2 from 149.99 to 129.99.

Sony Computer Entertainment America Lowers the Price of
PlayStation(R)2

Computer Entertainment System to $129.99

FOSTER CITY, Calif., April 20 /PRNewswire/ — Sony Computer Entertainment America Inc. today announced that it has made its PlayStation(R)2 computer entertainment system more affordable than ever throughout North America.

Effective immediately, consumers can purchase the PlayStation 2 computer entertainment system for a suggested retail price (SRP) of $129.99/$139.99 CND. The company expects this latest price move to fuel consumer demand even further.

PlayStation 2 is the most popular gaming platform in North America, Europe/PAL territories and Japan/Asia, the only gaming platform to enjoy such widespread global success. To date, more than 101 million PlayStation 2 units and approximately one billion pieces of software for the PlayStation 2 have shipped worldwide, making it the fastest-selling gaming platform in the world.

I was hoping they would cut it to 99.99 like the Gamecube. That was clearly not what they had in mind though.