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GTAIV08 said:
sony must have something up their sleeves! why would they just sit back and get their asses kicked? hey are probably trying to bring the ps3 production costs downs so they could cut the price down and even 360 fans will admit a ps3 price cut would put it back in front of the 360.

Since when is a magic price cut alone going to push the PS3 ahead of the 360?  They are a factor, but also involved are such things as software library.  Even then, the price cut has to be something which will make the system less expensive than the competitor, which isn't true for the PS3.  The price just makes the PS3 more cost competitive.   Also, who but a Sony fanboy would say, "even 360 fans will admit a PS3 price cut would put it (PS3) in front of the 360"? 

Price cut is a factor.  And in regards to this, why would Microsoft just stand still on this front?  They also won't cut price?

As far as just sitting back and letting it happen, well that is where Sony is, due to costs.  They can find themselves in the same place Sega did with the Saturn.  Have a system that is too pricy to afford too many price cuts, but also not showing itself to be better than its competitor.