It's been known for a while now that the PS2 will be receiving a port of the PSP hit, Grand Theft Auto: Liberty City Stories. However, today we have come across the first indications of the extent (or lack of) possible changes. Take-Two CEO Paul Eibeler has hinted that the game will pretty much be a straight port of the PSP version, but at a cheaper price.
Speaking to investors, he mentioned something vague about pricing. "We've delivered a new game for the PSP, that's a $249 USD purchase, and we're looking at lower pricing on Liberty City Stories for the console, which is a $149 USD or below purchase," he said, suggesting that it will be a budget price-point for the port.
With regards to their stance with respect to the PS3, Eibeler dodged any questions and refused to comment on possible releases. However, we were given an indication that it is unlikely that a next-gen GTA game will be appearing until at least the 2007 financial year. Basically, that means that it's going to be a long time before we see any new GTA action for our consoles.
Grand Theft Auto: Liberty City Stories is currently scheduled for a late April release on the PS2 and according to sources here and here, it will be at half the normal RRP at least in Australia. We'll have a full wrap of the game as soon as it becomes available.