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leo-j said:
Depends on the stats of the wii, but a $399.99 ps3 can outsell the 360 easily.

 yeah because the PS3 has tons of games compared to the 360.  I am sorry but content not price is what truly matters.  It will just have a boost just like the $100 off the 60 gig and then go back to struggling.  The Wii and 360 have a stronger games lineup so they should be ahead even with the ps3 pricecuts.  Remember MS predicted SONY would drop the price so they arleady know how to probably deal with it but honestly with the games coming out I don't think they need to do anything.  Only time will tell.