Today Sony released the first official North American details for the next generation console, the PlayStation 2. Contrary to popular opinion, the cost will be well below the projected mark at only $299. For all the ones who already have their pre-orders set, the new system will arrive October 26th, 2000.

PlayStation 2 has already sold over two million units in Japan, and the expected response for North America is even more favorable. Keep coming back to RPGamer for more E3 details as we uncover them.