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For it to outsell the PS3 it would basically have to sell like 120,000 units every week for September. The PS3 SHOULDN'T drop below around 70,000 units a week, and Europe will remain completely unaffected by the price drop.

Not only do I doubt the 360 can maintain outselling the PS3 by more than 30,000 a week (the Wii can barely do it), I doubt they can even outsell the PS3 by 30,000 that first week.

This will decide a lot for my theory that the 360 was being bought mostly by previous Xbox owners. The Xbox only hit 15,000,000 LTD in America, and the 360 is only 3,000,000 below that right now. The 360 selling over 20,000,000 consoles in the US alone lifetime isn't probable to happen, and with the PS3's Blu-Ray and LBP I think this move just keeps them in the races for NA, and won't create any distance.