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PS3 is definatly being priced out this holiday, they must not know we are in a recession.   Sony really needs to pressure retailers to offer better deals, like the Walmart deal 2 years ago with the $100 credit. My roommate and I brought Red Wii's @ best buy for $169.99 today, pretty much a steal (especially with Best Buy accepting trade in's now), with $299.99 sticking out like a sore thumb, the PS3 will be competitive but not to its extent it could.