Sony slashing PSP development costs by 80%

Sony's Kaz Hirai took the stage at the Sony E3 keynote to reveal the new PSP Go!, but he also had some things to say about longterm development for the PSP platform. Kaz mentioned that Sony would be making it easier for developers to create titles for the handheld by cutting the cost of PSP development 80%. Hopefully, that will mean more developers flocking to the system making great games for us to play.

http://www.joystiq.com/2009/06/02/so...t-costs-by-80/

welcome news.
Hopefully that'll convince more mainstream devs that PSP ports are
worth the investment.

80% seems a bit exaggerated, i mean it's good Sony's finally realised the importance of a simple SDK but saving 80% would mean using the old SDK was like threading cotton through a Tiger.