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it just needs to drop it's price. It's only a matter of when Sony can afford to give it that price reduction.

Personally, I would of liked to see a 50 dollar cut on the ps3 instead of a 30 dollar cut on the ps2.

Sony will be fine, however, I don't think they can come out on top of the 360 in America, but they can eek out a victory in the other territories and beat out microsoft this gen if they do things right.