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Well, actually, GT5 could still kill the 360 since it's not released yet. I doubt it will, but if it's released with a PS3 price cut, it will certainly be painful for the 360 sales...

I think most people just thought the PS3 price cut would come sooner. It's all about price cut after all, since that's the only thing that put the 360 in first place in wolrdwide sales last september.