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Magnific0 said:
I wonder why people say: "PSP go at 250$ and a PS3 at 300$ make no sense" It's all marketing stuff. Can you really take a PS3 in your pocket? Or could you play Uncharted 2 with a PS3 controller on an HDTV on a PSP? These products are not substitutes of each other, so comparing their prices is completely irrelevant.

It's completely relevant.  It will canabilize one of their sales, or both.  People who want a PSP Go will be like, why settle for PS1/2 graphics on a small screen when I can get all this more for just $50.  People who want a PS3 will be wondering why it is so cheap compared to a small hand held and get confused.

Most likely this will negatively affect the PSP Go, but not the PS3.