Sony announced NGP would be named the PlayStation Vita at its conference today, but more importantly set a clear price point for its two models.
The Wi-fi only version will retail for $249, or 249 euro, while the 3G version with Wi-fi will retail for $299, or 299 euros.
The price point falls into what was expected of the company, and keeps that all-important cost below the 300 quid line.
We'll have reaction for the GRTV team at the conference soon.