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right now its not needed.


I would argue against this. Sony needs a price cut FAST. MS is starting to outsell them again and as Kaz said if Nintendo sells 2-3 times as many consoles for a long time it will be PS2 -> Gamecube again just this time turned 180°.

They need a price cut and decrease Nintendo's lead to retain the better third-party support of the Hd consoles and to keep MS in check.

If it wasn't needed they would sell more consoles.