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leo-j said:
Trust me when ps3 is $299.99 thats when you will see sony dominating.

  1.  The PS3 will one day be $299.99 but that will be closer to the end of its lifespan.  By that time Sony will have already dominated or have already been left in the dust.
  2. Even if Sony lowered its price more Nintendo can still lower theirs without worries.
  3. MS can still lower their price more just like Sony.  They're both losing money on every console sold and at least people are buying games for the 360.