I believe Sony will another price drop later in the year.
THEY TRULY NEED IT.
Maybe, they will simply put the 80gb at 500$ and do the same on europe too.
This will not affect a lot their wallet.
People are waiting PS3 price drop because they want game with better graphism and that are not on Xbox360,
GT5/FFXIII/MGS4/Killzone2
and because Sony brand name.
That is all.
They dont want to buy a broken console as the Xbox360.
Personnaly, I think the hype is behind Sony, not Microsoft.
Time to Work !