Last week, Sony reduced the price of the PSPgo to $149, which followed the price cut of the standard PSP-3000 Bundle. However, it now appears as though the price cut was only temporary.
According to Sony's website, the device is again retailing for $199.99, with it appearing to have a $50 discount from the console's original launch price.
This is certainly a curious move by Sony, perhaps the discount didn't take on as well as Sony had expected? Either way, we'll keep you posted if this changes again.