@PS3beats360,
Your kidding yourself if you think that Sony will drop $100 at E3 and also that MS wont respond to a price reduction themselves (Especially since MS has already stated they will).
Lets assume Sony does make a price cut next month. Lets also assume last 8 weeks of the year Sony jumps to 5,000,000 in sales from last years 2,800,000.
That means starting in June the PS3 would need to sell about 170,000 per week through the big last 8 weeks of the year.
Its libraries that sell systems not a single game.