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azrm2k said:
If the PS3 comes closer it won't be by much. Like others have said I think the price drop could really help the 360 in the holidays.

 

Yeah but the 360 will not get a price drop boost in Europe, which is becoming a bigger selling market than the US. Also, saturation is an issue at the moment. With the amount of people buying PS3's, the amount of people buying Wii's, how many of those remaining people are going to buy a 360(without blu-ray) who haven't bought the console for its prior hits?

 

Also, the PS3 can and probably will drop their price. The new 80gb SKU is (im 98% sure) less costly to produce than the 40gb console was. Sony can gather the small amount they would make on selling PS3's(a few dollars per PS3 at best?) or they could drop price in NA as well and make their money through selling 3rd party software and peripherals.

With LBP being the new face of Sony, I think they are going to want this game to be as big of a hit as possible. This is very difficult to do at  the $399 price point.