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If the PS3 outsells the 360 in US, then the possibility is there. That is pretty doubtful though. Upfront cost is now a very decisive factor for the consumers due to the economy crisis. The lineup for both consoles are almost on par, unless Resistance 2 bombs.

PS3 most likely will outsell the 360 in others. The 360 is currently a third of the price of the PS3 and still floundering. There are apparently no major titles in sight that might bolster the 360 this holiday season.

The situation in Japan is uncertain. Unless either The Last Remnant or White Knight Chronicles reaps in stellar reviews, do not expect huge numbers. We will have to wait and see what happens.

Basically the PS3 will need absolute dominance in US and others throughout the holiday season.