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A slim x360 could be the answer in the short term...while a price reduction in time for next christmas could counter the PS3 price reduction in the medium/long term.

Anyway I don't think that a price cut alone could be the definitive move that turns the tide in favour of the PS3 as in my opinion MS could afford a price cut on premium and elite skus even now provided that the price for a 60/120 HD is much less than the price difference between the Arcade and the Premium/Elite...in other terms Sony can't win the war on the price alone as MS could answer quite promptly on the same field.



2008 year end sales (made in January 2008):

44.2 M 27.1 M 20.8 M