the price cut was a miscalculation.
no one think m$ would do so many pricecuts after loosing 6 billions with the last xbox.
360 its cheaper than the ps3 and going by the price of DSi
i think sony still will outsell, europe and japan together are too strong markets, and sony still have their big cards in those terroritories exclusive.
especially GT5.
CTifer: there is a mass market price that its under 299$, you won't find a ps3 for less than 399$.
the 360 on the other way around can be found for 199$.
and no the ps3 in japan still four times of the 360 sales.