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So here is how I see PS3 price cuts for the next year: (quarters are not sony fscal quarters, just standard qaurters of the year)

 

Nov-dec 08: no price cut or bundle - likely, no price cut but decent game bundle - most likely, $50 price cut - unlikely, $100 price cut - not likely at all

Q1 09: no price cut- more likely, $50 price cut -likely, $100 price cut not likely

Q2 09: no price cut - likely, $50 price cut - most likely, $100 price cut least likely

Q3 09: likely to see no price changes, most likely will see holiday bundles, new sku's and such

Q4 09: equally likely no cut, $50 cut, $100 cut

 

The way I see it there will be a slight cut in price in the first half of 09 during the typical sales slump period.  Next holiday season is a guess to anyone.  I would see it more likely to have a new sku of a smaller system/ faster system/ larger hd system.  A lot of this depends greatly on the global economy, price of raw materials, and mostly blu-ray diode price.