Definitely more demand for a $300 PS3. The only problem is that a $300 PS3 is not right around the corner (as in this week), whereas a gimped $200 360 (that still plays virtually all 360 games) or a HDD enabled $300 360 is.
I still don't believe we'll see a $300 PS3 this year. Not until the next major hardware revision is ready (production cost reduction) or SCE backpedals on its commitment to return to profitability.
It's already been pointed out that the 360 is now a 3 year old platform and has been way overdue for another series of price reductions. The original price drops were only so modest largely in part to help offset the $1+bn repair bill for defective consoles.
Had it not been for the RRoD, I believe we could have seen what will soon be the current price structuring ($200/300/400) as early as last year. Or MS simply would have generated more profits on hardware rather than taking losses, which is probably more likely.
But the soon to be introduced $199 price for the Arcade is essentially the mass market breaking point for the platform. It hits critical mass this season or it never will. While a $199 w/ HDD would be the real deal, resulting in a $150 Arcade, assuming the SKU isn't simply dropped, it probably won't happen until the platform is on the verge of being replaced.
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