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I think the PS3 will catch the 360 in NA eventually. Big numbers now don't remain big numbers forever. Meaning.

5,000,000 consoles is huge to overcome if a console is selling 10,000,000 a year total. Once a console is selling 15,000,000-20,000,000 consoles a year its much more achievable for a console to over come a 5,000,000 lead.

What I'm saying is, if the PS3 can hit 20,000,000 WW next year (with FF in Japan, GT5, God of War, Killzone, etc) and the 360 doesn't come up with something huge to keep interest after Gears 2, the 360 selling 8,000,000 next year could be a huge blow.

The PS3 will hit $299 by next Christmas, there is absolutely no doubt about that. At $299 price in not an issue for the mass market, flat out. If enough value can be seen in its games and lineup, the PS3 is going to pull numbers not too far off of the Wii's numbers this year. (Of course then, at this rate, the Wii will be doubling its sales this year once again)