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What MS price-cut? there's no such thing. You still have to pay at least $300 to get a HDD-equipped console. Bigger HDD equals no price cut. Sony did that LAST YEAR AT E3, remember? they announced the PS3 80GB for the same price as the previous 40GB, same features, SAME PRICE.

There's only on price-cut this season and that's a PS3 for the lowest it's ever been, $100 less, $299.99 tag.