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It will certainly have a weekly effect, however the big impact should be this holiday season. When people go out Christmas shopping they're going to know the 360 is down to $200 and it will have a nice lineup of new holiday releases to back it up.

I'd expect to see a big boost 70% next week then a drop off to maybe an extra 10k a week in the US but significantly higher sales levels in the US as compared to the PS3 (I'm not sure with the current shape of the economy that we'll see numbers comparable to the holidays last year.