There are unconfirmed reports doing the rounds suggesting Sony’s NGP [PSP2] could end up being cheaper as Sony may be planning to halve the RAM initially intended for the NGP. 01net claim that the version of the NGP without 3G capabilities will only feature 256MB instead of 512MB RAM.
Reports also suggest that the budget non-3G model might not include internal flash memory, but use a memory stick instead. The Frensh site reports that the cost-effective NGP could be to be closer in price to the Nintendo 3DS,.
The esteemed GamesIndustryBiz say the site does have a good track record of reporting and particularly regarding Sony products.