The key word is "potentially".
And the potential of the X360 price cuts positively effecting the PS3 will be rendered useless if the X360 picks up major steam in Europe due to the price point.
Who cares if the PS3 sells 1,000 extra units a week in Europe due to the fact it's "better quality" than the inferior X360 which winds up selling 40,000 more units a week due to people wanting a cheap system?
Also, I never saw any consumer backlash against the inferior 40GB and 80GB PS3s on the market when Sony pulled the switcheroo with them and the better 20GB/60GB PS3 models. Consumers loved them, and we all know that Sony was choking before that. So in the model of history, your wrong. And the failure that was the Playstation 3 in 2006/2007 was proof of that.
Back from the dead, I'm afraid.
