Why doesn't Microsoft drop the price of the Xbox?

[NJ5]

I just read this post at slashdot and it made me think: http://games.slashdot.org/comments.pl?sid=228485&cid=18519643 Summary: considering that Microsoft is already turning a profit on the Xbox 360, why don't they get agressive and do a price cut? Possible reasons that I can think of: 1- They want to recover some losses (for example, from the first Xbox) 2- They're waiting until they won't lose money by doing a decent price cut (100$/€ at least) 3- They don't want to be agressive so they'll wait for the Wii and/or PS3 to get a price cut first. What do you guys think?