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Jandre02 said:
The PS3 has only cut the price $100 this year, yet cut development costs significantly. Prove me wrong if I am.

And who cares whether or not you think its an amazing feat. Exclusive now will remain exclusives, third party devs will no longer cancel multiplatform titles and make them Xbox exclusives, and the PS3 will benefit from huge hardware boosts from exclusives both inside and OUTSIDE the FPS fanbase, a fanbase that has yet to see a reason to buy a next gen console for racing, RPGs, action games, etc.

The PS3 is catching the Xbox next year unless the Xbox has something huge up its sleeves.

1st price cut and new SKU - http://www.msnbc.msn.com/id/19674547/
2nd price cut and new SKU - http://gaygamer.net/2007/10/price_cut_for_40gb_and_80gb_ps.html

And for PS3 to catch the 360 next year, it has to OUTSELL the 360 by 500k each month.