Phil Harrison: PS3 price drop is not even on the radar

[johnsobas]

a price drop from 300-200$ and a price drop between 600-500$ cannot be compared like that.  500 is still a huge amount of money, and is only a reduction of 1/6 of the price, while the original xbox cuts its price by 1/3.  The xbox had the appeal that you were getting a more powerful system for the same price as an inferior system (PS2).  The PS3 doesn't have that appeal even if it drops 100$ (microsoft will probably follow suit too), and hasn't even proven to everyone that it is more powerful than 360 yet.