I don't believe that a 100$ price cut will do much for PS3. It's still gonna be at $500... Yeah it will move more systems, but how much more?
X360 on the other hand, think of it this way: Assume I'm looking for an affordable console: PS2 is at 129. X360 is at 400. Difference = 270. PS2 it is!
If X360 drops to 300. PS2 is at 129, X360 is at 300. Difference = 170. Hmmm, not so sure anymore... I think this would make a world of difference...
That said, I think a price cut will not hurt the PS3 like I just said, because.... X360 has some good games coming out this year, and I don't see greedy MS cutting the price before next year. They will try to ride the wave as long as they can at this price point and with Halo 3 etc. coming they will be able to ride it a bit longer.
