""They won't drop to $300 if they want to make a profit at some point.""
==> they are already making a profit on their gaming division...
""And 360 and Wii would drop their prices as well, making the cut much less useful.""
==> A price drop is never useless except when ur console is already dead.
That is not the case of any of the next-gen console.
""Sony is doomed to abysmal American sales, ""
==> LOLLLLLLLLLLLLLLL,
last week, PS3 did 50k in NA when the Xbox360 did 80k counting the cheap arcade model (that account for 20% of the sales)
dont worry man, u will eat ur crow very soon
Time to Work !