Unfortunately (and please don't flame me for this because its the truth) Sony is definitely going to have to cut prices prolly within the next 3-6 months in order to stay competitive in the console race. Why?
Two words: Blu Ray!
When it was released 2 years ago, the most appealing aspect of the PS3 was that it was a cutting edge console AND also played high-def Blu-Ray discs for almost half of what most stand-alone players were going for at their debut (around the $1000 mark).
Fast forward to today and standalone Blu-Ray players are selling for much much cheaper... some stores have them for $199 for Black Friday. And as prices drop for the stand-alone players, that takes away potential buyers of a PS3, who now are figuring "why spend $399 for a game system with Blu-Ray when i can just get the Blu-Ray player (which is what i really want) for half that?"
On 2/24/13, MB1025 said:
You know I was always wondering why no one ever used the dollar sign for $ony, but then I realized they have no money so it would be pointless.