Named the 'PSP E-1000,' it will only retail in Europe, and doesn't have any wi-fi feature. Games can however be downloaded via pc with Media Go, or bought on the regular UMDs.
From Sony:
Value for money is the goal with this new model that will retail at just €99.99 (RRP), accompanied by an exciting range of PSP Essentials titles that will retail at only €9.99 (RRP) and will include Invizimals: The Lost Tribe, EyePet Adventures, FIFA 12 and many more.No word yet on a release date, or whether releasing a new PSP model is a good idea with the official successor - the PS Vita - being released at the end of this year. But hey. Maybe they just wanted to beat Nintendo in the 'most-reiterations-of-the-same-console' competition.
While PSP E-1000 does not include Wi-Fi, it will still provides access to the full catalogue of PSP games either on UMD or from PlayStation Store via Media Go. The design is also slightly different, with a Charcoal Black finish – the same as on the slimmer PS3 model – to give more of a matte feel.
via kotaku
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