Okay I hate to say this but this is one of the dumbest threads I've ever seen to explain why PS3 is selling poorly (compared to Wii).
I have been saying this all along and so have a lot of people, I'm sure, if PS3 had launched at $300 it would be the market leader right now. But you can't go around saying it hasn't had a "true launch" yet.
Now I do agree it's a whole new ball game when PS3 drops to $299 and maybe even a slim model to sweeten the pot. PS3 sales will shoot well ahead of the 360 and be in the same ballpark as the Wii.