Sly Cooper: Thieves in Time would be releasing for a reduced cost of $39.99 on PlayStation 3 and $29.99 on PlayStation Vita. This new price did have quite a few people wondering what the reasoning behind this drop could be, leading Cristian Cardona, a.ssociate Product Marketing Manager of Software Marketing at SCEA, to clear them up.
the price drop was made so that they could attract as many potential buyers as possible, with the quality of Thieves in Time staying at the level you would expect if it were priced at $60.
There's also a few more pieces of knowledge about the new Sly Cooper adventure on the PS Blog:
There will be only 1 trophy list for both versions – no doubles.
You can’t use the PlayStation Vita as a replacement for the DualShock 3 on your PS3 copy
There won’t be a special edition
It will be a Day 1 Digital download
US PS Blog