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dallas said:
I think that a price cut in november would make more sense.....price cuts typically have the effect of giving really high sales for a couple of months and after that, well, sales to whatever the "new normal" will be. If Sony wants to take advantage of the holiday buying spree then they will make the price cut in november or october.

But XBOX360 price cut has shown that the price cut effect can have much longer life if its done rightly. which is a proper discount.. So if Sony is going to give a $100 discount its going to have a reasonably good effect on sales for a much longer period.