According to a Reuters report, Sony will not be lowering the price of the PSP in 2006. The news agency talked with John Koller, product manager for the PSP. Koller also promised 110 titles for the PSP by the end of the year, nearly doubling the amount of software available for the handheld.

IGN’s PSP release list currently shows about 70 titles due to hit before the end of the year; the additional 40 would be a huge change to that list. Koller could possibly be talking about the PSP download service, but Sony hasn’t really made any announcements about this service in the United States. Gamers have complained about the lack of compelling releases on the PSP; adding 110 titles might help in that regard. Though every title released this holiday season won’t be a winner, there are a number of high profile games scheduled to hit Sony’s handheld by the end of the year, including Grand Theft Auto: Vice City Stories, Lumines II, SOCOM: U.S. Navy SEALs Fireteam Bravo 2, and Metal Gear Solid: Portable Ops.