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According to Kotaku PSP sale went up.

"In the the first two days following the PSP's price drop there was a 300 percent increase in the number of the portables sold."

http://kotaku.com/gaming/feature/feature-the-year-of-the-psp-250775.php&cid=0&ei=GiocRsf1EZL-sgHWnMzVCA

Good.

EDIT: BTW how can I make a "nice" link instead of this...