Does anyone else think launching an entirely new console as well as cutting the price of 360 in the same is a stupid idea?

Does anyone else think launching an entirely new console as well as cutting the price of 360 in the same is a stupid idea?

nope..they will be aimed at different target markets
I don't think so. They will be selling to a different consumer base.
If they can get the 360 with kinect down to $200 it could sell well as a cheap casual dance/party console.While hopefully they will focus on the core audience the first few years of the 720 while it is still expencive.
I don't think they should pull it off the shelves. It has plenty of life left, especially in America.
LBP BETTER THAN EXPECTED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.vgchartz.com/forum/thread.php?id=48431&start=0
White Knight cronicles sales = Last Remnat - slimebeast
Bet with Turkish 1 month sig control: He wins if Playstation All Stars: BR sells more than 5m, I win if it doesn't. I won.
Bet with Conegamer for 1 month sig control: He wins if Orbis/Durango have 3GB of RAM or less, I win if both have more than 3GB.
Bet with man-bear-pig for 1 month avatar control: He wins if Vita sells less than 6.5M in 2013, I win if it sells more.
Bet with MARCUSDJACKSON for 1 month sig control: I win if there is an official price cut for Vita before E3 2013.
Price-cut at E3:
4 GB Xbox 360: $99
4 GB Xbox 360 with Kinect: $149
250 GB Xbox 360: $199
250 GB Xbox 360 with Kinect: $249
Special edition consoles / 320 GB Xbox 360 + extra controller + the game: $299
It is crazy that MS sold out with a $400 SKU in 2012. Twice. (Star Wars Kinect and Halo 4)
This should happen right after E3 with a new console announcement.
The next console should start at $399 with a $449 SKU.
Top 5 responses from different users to Sonys forecast to ship only 5 million PS Vita and PSP combined for the entire year:
No. 5: "They probably prefer lower sales rather than makes losses" by Somini
No. 4: "PSVita's hardware is not like a handheld, its more along the lines of a living room game console in the portable case" by Joeorc
No. 3: "PS3 and PS4 are hurting the vita." by SOLIDSNAKE08
No. 2: "As long as Vita is on the market, its not a failure." by VGKing
No. 1: "The Vita is not a mainstream console!" by Somini