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GameAnalyser said:
with the new price-cut probably around Sept taking place and the release of GT5...that shud be a good move for Sony..!!

How does a price cut on the 360 help Sony?  I assume you meant the 360 since it hasn't had a cut in a while and the PS3 following a drastic cut is taking ~$30-50 loss which would only maybe be breaking even by September. Not to mention, Natal will be entering at that time as well.  Summer would have been a much smarter move than fall for GT5.