Sonnet Technologies today announced price cuts and improved performance on its Piccolo line of USB flash drives. Piccolo is now USB 2.0 Hi-Speed compatible (backward compatible with USB 1.1), offering faster data transfer rates with a USB 2.0 port-equipped computers. The Piccolo 256MB is now priced at US$49.95 (was $99.95), while the Piccolo 512MB is now priced at $99.95 (was $179.95).