Sony Computer Entertainment America has announced plans to introduce a new PlayStation 2 model this fall, commensurate with the system's seventh anniversary.

The new PlayStation 2 will be released in early November for. It will come in "Ceramic White," a distinct styling departure from past black-clad PlayStation 2 models, and will be bundled with SingStar Pop, a karaoke-style music game, along with two USB microphones. The system sports DVD and CD playback, digital surround sound, two memory card slots and Ethernet networking.

PlayStation 2 first saw its entry into the North American market on October 26, 2000. Since then, Sony has sold 120 million PlayStation 2 consoles and more than a billion PlayStation 2 games. Sony says there are nearly 1,500 titles in the PlayStation 2 software library, with more than 160 new games expected in North America by the end of March, 2008.

It may seem odd that Sony is releasing a new PlayStation 2 as much of the market (and, indeed, much of Sony's marketing) focuses on the new PlayStation 3 model instead. But Sony said the move demonstrates the company's commitment to a ten-year product lifecycle for the PS2 -- something they're also emphasizing for the newer PS3, whose sales have been trounced by Microsoft's Xbox 360 and Nintendo's Wii, both of which are less expensive but lack features found in the PS3, such as Blu-Ray Disc support.