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Sony has already gone on record saying that they have absolutely no intentions of cutting the price anytime soon.  The PS3 is not going to get a price cut anytime soon and don't expect them to tell you or even hint about until weeks before it happens.

 

The reason one will not happen anytime soon is simply because there aren't enough games yet.  There absolutely must be a well established library before they can even think about cutting the price.  They're already losing money on the PS3 and if they plan to lose more with each purchase, they better be sure that there are games to go along with that purchase.