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I can see some drastic price cuts during the summer , the 360 will be cut by $100 in my opinion as for the ps3 i think Sony will just have to accept that $600 is obscene and cut it by $200 sure its huge losses now but frankly they have no choice or the long term damage is worse .

Proud owner of Ps4/3ds xl/pc/vita/wii u and others.

Gamer till I die