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jjseth said:
I have said before that I expect the PS3 to have another price cut in the first 6 months of the year, most likely coinciding with the release of one of the hot new games. 
Not very likely. They don't have so much room to drop their prices, because they already more or less fixed the price of one major component: The Cell processor. There will be no smaller Cells because they already dropped out of the development and sold their manufacturing plant. While there might be smaller, more effective Cells they will no longer be designed for the PS-3.