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cleaner475 said:
@Soundwave - Sony is currently not losing money on every PS3 sold

How did they manage to post a $260 million dollar loss for their game division then? That includes the PSP and PS2 (which are profitable) ... the PS3 is still unprofitable, face it. 

A slim redesign likely will focus more on getting Sony's internal costs down more than cutting the cost of the machine for the consumer. 

Like I said, the redesigns for the PS2 and PSP had no price cut. If the PS3 has even a $50 cut, consider yourselves lucky, given the financial mess Sony is in right now.