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Silver-Tiger said:

I would be shocked if we don't see a $199 SKU before 2013. This year the price will go down to $249.

And I tell ya, as soon PS3 hits $199, it will be no longer than 3 months until it finally outsells Xbox 360 worldwide, if it didn't already outsell the 360.

This.  A $249 SKU is inevitable this year, announced either at E3 or TGS.  It'll be 2 years since the last cut and they will have undoubtedly have cut down the production costs by the end of this year to still make a small profit off of the PS3 at that price.  And a $199 should be here by the end of fiscal 2013.  By then they should have production costs down enough to either break even or make a small profit on each sold.

Though, I have full faith that a $249 entry price for the PS3 for the last quarter of this year will definitely be the final push the PS3 needs to claim the number 2 spot this gen.