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CGI-Quality said:

 By the Fall though, the battle will be heavy in NA, with Natal + Reach, & Move + GT5 being the BIG factors on software & hardware sales. Of course, Microsoft could do a $50 price drop on all models and make the battle even heavier.

A Chinese manufacturer leak has more or less confirmed we're getting a 360 slim this year also.  The same source also leaked PSP-2000 and PS3 slim board revisions ahead of time...