I think MS will take a wait and see attitude for a couple weeks then make a decision within a week of black friday. Unless the PS3 sees a tripling of sales due to the $100 price drop that's held for 2 weeks MS will probably just go with the bundle option.
I really don't think we're going to see a huge sustainable surge with this price drop, the system is still priced out of the market, the library is lacking and the effects of the last $100 cut dried up fast.
The bundle idea on the surface probably looks better than a $50+ price drop, those 2 games probably cost MS less than $50 to obtain and who doesn't love getting games with their system. That said they could really choose a better bundle title then Ultimate Alliance, I mean if MS had balls they'd bundle the system with Gears of War.
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