The Xperia Play was hotly anticipated and rumored for years (literally -- we first heard about it in 2007!). However, it seems the frenzy of excitement has fizzled since the device actually hit shelves as Verizon has seen fit to cut the price by half.
Phandroid reports that Verizon, which started selling the Xperia Play for $200 on May 26, has just cut the price of the phone down to $100 with a two-year contract. Specwise, the Xperia Play boasts a 4-inch 480x854 (FWVGA) display, 8GB of storage via microSD, Gingerbread, a 1GHz Scorpion ARMv7 CPU, a 5-megapixel camera, support for USB 2.0, Bluetooth, WiFi, up to 5 hours and 35 minutes of game time from the battery (roughly 8 hours of talk time, depending on the network), and the all important slide-out d-pad with analog pads and L&R shoulder buttons.
Verizon has not commented on whether or not the price drop is permanent or a limited-time offer designed to drum up interest in the phone. In any case, are you tempted?