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Since it has Wi-Fi, it won't be gimped like the 20GB was.  Good stuff. This should sell very well. Maybe it'll drop in price even further for MGS4, etc.

Let's just hope Sony keeps dropping the price every chance they get until it's at least the price of the premium 360. As long as they break even on the manufacturing of these units from here on out, they should be able to sell enough of these suckers so that they'll make enough back on games sales to become profitable.

I'm sure they'll lose a good bit on every 40GB at first, but they'll break even on them soon enough. As long as they don't get complacent and try to make a profit on the actual systems sold, they should manage to price match the 360 eventually and start gaining ground on MS.

Also, a price drop for a territory other than NA would probably help, too. Who knows when they'll actually get around to doing that though...