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Fear?

might just be a good way to say (like squillie said) that they'll match.

even if they didn't match, it might make sony think twice before doing something (considering the possibility that MS drops again, making them lose the momentum of their own price drop). Any second that sony waits, is a second more for MS to sell xbox's to people that are price conscious.

The question now is whether Sony is actually intimidated or whether they are just going "meh... whatever".