Confirmation on $399 PS3 (link inside with pictures)

[YfzinJay]

Why everyone keep saying the ps3 is doomed? The ps3 will be going from $499 to $399. Thats a 20% price cut in one year. The original xbox was cut 33% in a year and a half ($299 to $199). he gamecube dropped in price 25% in the first year and a half.