I dont think MS will ever eliminate the Core as Bill Gates is behind it, and it's central to their long term strategy (to entice Madden playing casuals in the future, and certain low income foreign markets).
And the Premium is what they consider their "base" sku, and the Elit is very popular and probably the one they make the most profit (or least losses) on and also has the macho factor of having a bigger HDD than any PS3 model, so I dont see it going away..sadly it seems 3 sku's will remain.
I'm a proponent of the Core, so what I'd love to see is the Elite phase out the Premium and become the new Premium. So after the price drop you'd have $199 Core and $299 120GB Premium (old Elite). That would be a simple lineup with amazing value (IF ms could afford it!) Remember when Elite first came out there were rumors it would eventually become the new premium.
However, I dont see that happening either, really, anytime soon. Especially since MS just announced a 20 gig Halo 3 edition. And the 120GB HDD is probably too expensive for a $299 sku as well.
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