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All depends, if Sony think the extra software sales they get from those new to the console covers the $100 on average then yes of course. Hope that makes sense. :/

The first/second party releases this year are Infamous, Uncharted 2, R&C and possibly GT5, December or March for that one. No way at all do I see the price cut not taking place for the release for the game, if anything it will put PS3 right back up there in front of 360 in EU.