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DKII said:
A 13% price drop after two years is still crap though. PS2 price dropped 33% after two years, Xbox dropped the same after less than a year, GC dropped 25% after a year, and now the PS3 dropped 17% after less than a year. It'll have about the same effect as the PSP's price drop did this spring.

 It is crap but there is a very strong possibility a second cut wll happen in Nov (as rumored).

 

So I dont think we can fully judge. If it's MS only cut of the year it's crap. If it's only the first of two, it's not bad.