I try not to take sides in the "war" as I don't hate on the PS3 (don't have one yet though) but I wonder...
Sony: Multiple SKU's immediately post launch, removal of BC, addition of rumble, multiple price cuts = good decision making.
MS: Multiple SKU's 2 years post launch, 2 price cuts = desperation...
Honestly??
Wow.
To reply to the op, I have to agree with (some) others that this is just the natural progression. All things come down in price and I'd venture to guess that MS milked the 360 price teat as long as it could.
For the record I don't think "winning" 2nd place means anything to either Sony or MS, both companies want a solid, sustainable user base to generate revenue streams over the remainder of this generation. For those who think MS has not already achieved this, and will suddenly disappear from the hardware market I'd guess that you are letting your "hopes" interfere with your reasoning.
Does that mean they don't want expand their pieces of the pie? Of course not, but I think clearly the Wii is going to have the largest portion of this particular pie, and don't see MS or Sony eating away too much of that market share (though I'm sure that's not a popular opinion amongst the PS3 owners).








