Check this out:
http://attackofthefanboy.com/news/preorders-begin-sony-psp2-ngp/
According to that, GameStop has the NGP listed as costing $300. Sweet! Honestly, it's a price I know a lot of us will be happy about. It's still expensive, but considering the original PSP launched at $250, this is pretty good. Yeah, it would be the same price as a new PS3, but hey, it's Sony. Let's all just be happy it's not $600.
I'll be following this up as soon as I can find some concrete information.
UPDATE: Pricing confirmed (http://unchartedgaming.blogspot.com/2011/06/ngp-named-priced.html)
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