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PS3 is comparitively expensive in Others and there is a perception that there will be a price cut shortly after Xmas here in the UK.

This perception, true or not, may well be self fulfiling as many people will be putting off purchasing the PS3 until the price drops which in turn will lead to lacklustre sales and force Sony to (you guessed it) drop the price.

I think the PS2, Wii and to a lesser extent the Xbox 360 will sell very well.