@slimebest
The X360 is $199
btw..
I expect that when the PS3 drops to $299, we will either see a huge rise in demand, due to the "digital" upgrade in 2009, along with HD becoming more mainstream, and seeing as the ps3 would be a $299 Blu-ray player, or we will see only a slight boost in sales.
$299 can make or break the ps3 IMO