Some of you keep ignoring the power of the Playstation brand in Europe. Without the pricecuts, the 360 would be dying here, I think the price is one of its biggest weapons at the moment. Despite the high price, the PS3 will outsell the 360 this christmas, but I think the 360 will keep high numbers, not so far from Sony ones. Only the fact of being near the numbers of the PS3 is a big achievement for MS in a continent where Playstation has reigned supreme for so many time.
Btw, I don't remember a week in which the 360 sold more consoles than PS3 in Spain, this must be some kind of miracle or X file.