A leaked Target flier hints that Sony may drop the PlayStation Vita’s price at GamesCom. The paper-based advertisement (pictured above) puts the flagship portable’s base cost at $199.99, some $50 less than its recommended retail price. Adding further fuel to the fire, the promotion is dated for 18th August to 24th August, which just so happens to be the week of the platform holder’s press conference in Cologne.

It could be a coincidence, of course, and this could merely be an effort to clear out some stock. Still, with Killzone: Mercenary, Tearaway, and the PlayStation 4 right around the corner, now may be a good opportunity to hook some new consumers with a price drop. The big question is: are you ready to bite? Let us know in the comments section below.

[source forum.blu-ray.com, via joystiq.com]