Sony have confirmed that they will be releasing a new UMD only Playstation Portable to the European market. This PSP has no Wifi connectivity and will be priced at only €99! Thats pretty cheap as far as portable gaming devices go, but is it worth it? The new PSP will support all your old UMD games, but as it has no online functionality it will not support your downloads. So right now this is looking like UMD version of the PSP go, but with no damn wifi! Is there much of a point in releasing this new PSP so close to the PS Vita? Well Sony sure see method in their madness. This PSP will only be available in the EU. Stay tuned for more news on all the announcements made at GamesCom 2011!