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PS3 is gonna be in high demand for quite a while now that its $299. The current price will last them right through Christmas 2010 and into 2011. I still think Fall 2011 is when they'll drop price to $199. It'll take a while but be a worthwile price drop.

Wii doesn't need one. Its the best selling console by a lot. They won't drop the price till PS3 does. I think they'll follow up a PS3 price drop with one of thier own to $149 or even $129 to stay on top.

360 needs one, bad. They just got beaten by 300k on black friday and they've been beaten by PS3 for the past like 10-15 weeks easily. I expect to see one right before natal launches which I guess is fall 2010 or something?