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Well I've said many times 2009 is a possibility. But, to be sure I would have to see the outcome of this holiday season.

IF 360 does their rumored price cut next month and Sony doesn't do one until mid next year then no it won't happen.

IF sony matches or if neither company does a price cut, then Sony has a good possibility of catching by end of 2009 given certain games come out next year as rumored, i.e. GT and FF.