I think the 360 is doing a great job considering 1) it released a year before the competition 2) the bad publicity surrounding past counsel defects 3) Sony brand loyalty in Europe and 4) it's historical poor performance in Japan.
Microsoft is doing a good job turning the 360 around considering its series of unfortunate events.
I think some posters are ignoring a lot of different factors. Also consider, at this point, Microsoft's main goal is to compete with the PS3 which it already has a comfortable lead over. Granted the PS3 has been eating away at that lead recently, but the price cut will reverse that trend.
I cannot be 100% sure, but I feel comfortable stating that the 360 will make significant gains in the market over the remainder of the year.
I also think it's funny that some individuals are downplaying the current state of the economy. I can only attribute this to ignorance or lack of exposure to what's really going on with the economy. I am employed in the field of finance...scary and hard times are ahead.
I'm not a fanboy, I just try to tip the balance in favor of logic and common sense.
