The European pricing and launch date for the new PSP - or the PSP Slim and Lite as SCEE insist on calling it - have finally been revealed.

The handheld will be available to buy on the 5th September and will cost 169 euros, which by an up to the minute currency conversion works out as £115.

The new PSP is 33% lighter and 19% thinner than its predecessor, and is equipped with a video-out port, allowing users to view their PSP content on their home TV.

The new PSP will be available as standard in the three colours announced at E3 Piano Black, Ceramic White and Ice Silver with no word on those other three pastel shades that were mentioned at the time.

Exclusive to the Europe and for a limited time only, two limited edition PSP bundles will also be available.

Featuring a PSP in Spiderman red and black, the Spiderman bundle will come with Activision’s Spider-Man 3 and the UMD movie, Spiderman 3.

Also available, in a fetching shade of Simpsons' yellow, the Simpsons bundle will come with Electronic Arts’ The Simpsons Game. Both limited edition bundles will be available for €199.99.

In the States the PSP 2000 costs $169.99, which works out at about £84 as a direct conversion. They have a limited edition Star Wars version - but not 'til 10th September.