The Ps3 won't see a price drop this year for 1 simple reason. Blu-ray drive cost and market. If the Ps3 is drastically cheaper then other blu-ray players and can be a media hub and gaming consoles it would hurt other blu-ray player sales too much. Also blu-ray players are still expensive to manufacture and the president of blu-ray said you won't see a 299$ blu-ray player till 09 so I doubt a 299$ Ps3 will be soon.
The Ps3 is countering the price cut by adding a 120gb hd bundle with Uncharted and making the 80gb stripped down version the same price as the old 40gb.







