I don't think MS will cut prices until one of two things happen:
The PS3 shaves the 360 lead to 5M
The PS3 is consistently selling the 360 by 3 to 1 WW
If the figures are correct, MS doesn't need to cut the price until the holidays, if then. I think they could ride the lead to like 3M. MS is in the driver's seat. They don't need to counter the Sony price cut. Not this time ...







