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i doubt nintendo will drop their price for a while since their selling out. the point of a price drop is to create demand which they obviously don't need.

the 360 will probaly have a price drop soonish but not as much as your suggesting. i'd guess they'll wait until a big event to maximize the effect like the release of GTA IV.

sony is taking such a loss on the ps3 that i doubt they'll be able to afford another price drop for a long long time. probably no price drop at all this next year imo.