No I don't. They haven't considered current and future sales and manufacturing costs enough.
My opinion:
Wii: Selling out permenantly now + SSBB/MKWii/Wii Fit in H1 2008 + unknown-as-yet 2008 games = No price cut.
Xbox 360: Will have a Arcade $250 / Premium $300 / Elite $350 by Christmas 2008
PS3: Will have a 40GB $350 / 80GB $450 by Christmas 2008.
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Oh, and AAAAHHHH BRITISH DISCRIMINATION!!!!!!! (£199 = $400+) They could sell the 40GB PS3 or Xbox 360 Elite for £199 NOW and lose no more money than in North America.
Ubuntu. Linux for human beings.
If you are interested in trying Ubuntu or Linux in general, PM me and I will answer your questions and help you install it if you wish.