Personally, I see no reason for MS to drop prices on any of their SKUs until sales stagnate. I believe there's been enough hype behind Kinect, which regardless of whether it delivers in reality, will be bought in numbers high enough during the holidays to result in a near 100% sell through on inventory.
You don't cut prices when you're selling virtually all of your current product production. It's common sense.
I would however, expect to see maybe a $50 price drop on Kinect in early 2011, almost definitely if the consumer reaction of the initial wave of Kinect adoptees turns out to be luke warm (that whole reality of what you bought vs. what you thought you were buying). If word of mouth is so-so, Kinect won't continue selling at the same rates without added incentive (price cut).
In the mean time, MS wants to continue selling as many Xboxes at $299 and as many Kinect kits at $150 as possible. Nobody actually thinks for a second if the 360S continued to sell the way that it currently is following the hardware update (unrealistic of course) that MS would randomly decide to "just cut the price anyway." At least I would hope not.
