Sony has opened the door to cheaper development of Playstation 3 games. They cut the price of Playstation 3 development kits across the world in half, now to buy one in North America, it costs $10,250. While the price cut is a large one - over $10,000 - it remains only a fraction of the cost on the price of a AAA Playstation 3 game.

Prices for the PS3 development package have been cut in half. The new price in North America is $10,250, while the price is $11,250 in Europe and $8,600 in Japan. The price reduction for the development side of Sony's gaming equation comes at the heels of the company's PS3 console price cuts last month.

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