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The PSP Go is expensive because they are people out there whom are willing to fork out that amount of money. Sony will rip off those people and once they dry up it will drop to a better price. No way are Sony making only a small profit on the PSP Go.

PS3 Slim has not released yet because the Sony engineers are not miracle workers and it takes time to develop the parts of the console. The PS3 Slim releasing in September would do well to gain momentum for the console and really would increase the impact of software such as FFXIII and GT5. Financially it makes sense to release a Slim in September because that is the time sales peak.