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Thats ridiculous. 360 waited over a year for their first price cut and the PS3 only slashed its price due to low sales. Sony's losing so much money on every PS3 sold that they might not even start gaining profit at 399 till next christmas. Microsoft isn't in a hurry to drop their price either. I don't see either of those two hitting 199 in the near feature. As for nintendo, when you sell out at 250, why go lower?