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The day that PS3 hits $199 it will see some massive sales, however I can't make up my mind whether or not they will do a $50 price drop in 2011 or a $100.  Either way they def should cut price next year because there's no doubt MS will. They released a redesign this year with no price cut so they obviously are using that as ammo at next years E3.  A $199 PS3 is VERY competitive in the market.