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I dont think so, Xbox 360 is significantly cheaper, and more mainstream then Playstation 3. Even a price cut wont have that much effect (maybe initially) since MS can simply counter it by slashing the price of more expensive SKU's and further reducing the arcade. Sony had a massive lineup for holidays 2008 and that did not help, especially when it looks like all the consoles will have great games in 2009, so no one will have that much advantage in this area.