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If they can hold off a pricecut until after next christmas-season they probably should, since the price might actually work in their favour then...

Speculation 1: If people dont know wich product is the best, they tend to assume the priciest equipment is.

Speculation 2: And if you are going to  squeeze a console from your parents, why not go for the 600 dollar console if you arent paying for it yourself?

 Speculation 3: Of course, those same parents might decide that the360 and the PS3 are equal so if they dont have specific orders to get the PS3 they might decide to get the cheaper one.

Might be a tad bit early to think about christmas, but the sales are so huge then they have to be a factor for Sony.