We just found what will be the hottest item this holiday season because Sony has announced that they are releasing the PlayStation Classic on December 3!
Coming pre-loaded with 20 classic games, including Final Fantasy VII, Tekken 3, Wild Arms, Jumping Flash, and Ridge Racer Type 4, the classic system will sell for $99.99 and is approximately 45% smaller than the original PlayStation.
Essentially PlayStation is copying what Nintendo has done the past two holiday seasons and releasing their own classic console with updated plugs for your entertainment center. Check out the announcement video below.