The 360 price cuts could potentialy help the PS3 and here's why....

[Pharaoh]

Let's look at a similar case: Cereal. We all know that cereal comes in two choices boxed brand name, and the bagged cereal that poor people buy.

They both have pretty much identical ingredients and similar taste, but what differentiates them? Price. The bagged cereal is half the price of boxed cereal. So why do people shy away from the cheap one? Perceived value

I've been saying this foreverrrrrrrr

Same with PS3 and 360, PS3 is Fruit Loops and 360 is Frosted Krusty-O's