How do they know he is talking about the 120GB version and not the 250GB version?
About that 15% reduction for the next 15 months, this means the cost to make a PS3 will not be below 250 dollar at the end of March 2011. Sony might not be able to release a 200 dollar PS3 until somewhere in 2012, at least if they don't want to lose a significant amount of money on it.