Sony dropped Kotaku a line to let us know that something is going down on Tuesday, March 31st. Could it be the long-rumored price cut is finally upon us?

Or could it be something completely different? Rumors have been doing little twirly things all over the internet over the past few weeks regarding a potential PlayStation 3 price cut, and while our first thought was "Why would they announce it several days after GDC?", apparently they are indeed announcing something several days after GDC. Go figure.

We're leaning towards a price cut, but we've got a sneaking suspicion that it's the PlayStation 2 dropping to $99, and not a cut for the PlayStation 3.

All we know so far is that they're announcing something. There's only one thing to do now. Let the wild speculation begin! What do you think/hope/dream Sony is announcing?

Send an email to Michael Fahey, the author of this post, at fahey@kotaku.com.