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Win for the 360 in America does not change much, the gap between 360 and the PS3 is still significant in that region, and Sony will have a tough time if they still planning to outsell the 360 in NA overall. Because i the Price-Cut will have the biggest effect during the holiday season when price becomes one of the most important factors, and people that will be buying the product might not be best imformed about it's features. And most parents will choose more economical option for their children

But the PS3 still does well in Europe, and thats the region they should concentrate on, because in Both Japan and America they do struggle.

And at the end of the day, it will be the Wii that will continue to dominate ( i just thougth i drop it in, because people tend to forget that MS and Sony fight for 2nd place)