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megaman79 said:
the question is how cheap can the 360 get? That alone should predict Nintendo's move on a price drop and it can prob. get at least 50$ cheaper before anything exciting happens.

I don't think the 360 price matters or will have any impact. How much did the last 360 price drop hit Nintendo's holiday sales? Not at all.

The 360 just isn't in the same market and, unless it does something drastic in terms of image and control scheme, it won't be.