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Squall_Leonhart said:
I don't think the Wii will be able to reach 50% market share since the PS3 is now at a more mainstream pricing, i mean only $50 more than the Wii for SO much more, it is an obvious choice which one i would go with anyway if i did not already own a PS3!

Two things:

1. Most of the people in the market for a Wii want one for what it offers (motion controls and the accessible games that utilize them), which is something the PS3, w/ all its tech doo-dads and Blu-ray does not, so it really doesn't matter that, in your perception, that it does "SO much more". That is the true value of the Wii and something Sony--and as MS has already discovered--can't match with a simple price cut.

2.  I'll go out on a limb and say this price cut will, in the long term, hurt MS more than it will hurt Nintendo.