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a. Scenario 1:$50 PS3 console price cut in March 2009. PS3 falls from $399 to $349.
Followed by an additional $50 price cut 6 months down the road in September 2009, PS3 falls from $349 to $299.
b. Scenario 2: $100 price cut post E3 in September 2009. PS3 dropping from $399 to $299.

*Either way the PS3 is going to be around $299 Xmas 2009.