I advise Sony fans not to take the March price cut for granted. It's just a rumor, it just concerns Europe and we don't even have the hard numbers on Sony's financial situation for the next few quarters (although it doesn't look good by all indications).
A price cut is possible under certain circumstances, but don't assume it will happen because it's quite likely you're setting yourself up for disappointment.
My Mario Kart Wii friend code: 2707-1866-0957