There’s been numerous rumours in the past surrounding a PSP2 from Sony. Many thought that Sony’s next portable device after the PSP 3000, aka PSP Brite, would be the PSP2. Instead we found another “PSP1 model” to complete the range of PlayStation Portable devices, the PSPgo.

EA recently revealed in an interview that as developers, they had gained early access to the next gen portable gaming device from Sony. Patrick Soderland, Senior VP has added that ” “Obviously as a developer we have had that access but, I’m not allowed to talk about it.”

Sony recently announced that the PSPgo would recieve a price drop in the coming weeks but, only in the US and Japan. However, MCV have tracked down new information and Sony have now also confirmed to them that the PSPgo will be reduced in price in the UK too.

In Japan the PSPgo is to be reduced from 26,800 yen to 16,800 yen and in the US the Sony handheld will now cost $199, reduced $50 from the original $249 it was retailing at previously. The newly confirmed UK price drop will see £65 slashed off the current recommended retail price of £225, taking the PSPgo to £159.99 in UK stores.

As a part of its latest promotion plans, Sony is offering discounted and free titles on the PSP. As a part of this deal, games in the “Favorites” line will be available at a price of $9.99 and those in the “Greatest Hits” line will cost $19.99.

Sony has revealed the first set of titles in the “Favorites” line that will be offered at a discount. This list includes Ape Escape: On the loose, Twisted Metal: Head On, Syphon Filter: Logan’s Shadow and LocoRoco 2 amongst other games.

E3 is coming soon, but if rumors are to be believed the PSP 2 will not be unveiled just yet. The PSP 2 which is said to have exciting specs is expected to hit stores only in 2011. Sony Computer Entertainment remains defiantly tight-lipped on the matter.

Sources say the PSP 2 comes with a touchscreen and will have physical buttons as well. It has two cameras, one of which is forward facing while the other is at the other at the back.

Sony’s PlayStation Portable first made it’s entrance to the market five years ago, on the 24th March. It become available in the US then and saw release to other parts of the world shortly after. Since then, the PSP has seen several make overs. The original 1000 series is now referred to as the “phat PSP”, ever since the PSP 2000 series, aka PSP Slim was launched in 2007 making the portable device 33% lighter and thinner. Shortly after, in 2008, we saw the release of the PSP 3000 series, aka “PSP Brite”, which had an LCD screen with five times the color contrast ratio. Sony’s latest PSP offering came in the form of the PSP Go in Fall 2009. The PSP lost it’s UMD drive and instead, titles can be downloaded from the PSN Store. Currently there are more than 520 UMD titles and over 300 titles on the PlayStation Network.

You can view the full press release from Sony after the jump.