A press release shot out of Sony Computer Entertainment today, and being the daredevils we are, caught that bullet with our teeth so we could relay the message to you. SN Systems, a subsidiary of SCE, announced a 50% price reduction in all of its development tools for the PSP. This reduction is effective today and includes these bits of dev tool goodness: "ProDG for PSP, Tuner, Build Tools and ProView licenses." This announcement should definitely pique the interest of developers curious to take advantage of the PSP but haven't been able to justify the plunge. Also, it'll help existing companies churn out more quality titles for half the cost, assuming they use SN Systems' tools.