Sony may have been "overly ambitious", warns Pachter

[Dolla Dolla]

Imagine for a moment that right now, at this instant, the PS3 is priced the exact same as the 360 Elite.

The game situation is the same.

Who would sell more?

The 360.

Why? Not JUST the game selection, but word of mouth. Everytime I go into a game store and hear someone ask about the PS3, the store employees are bashing it left and right. It's no wonder it's doing bad at retail. I hear this all the time. "For 200 bucks less, you get better games that look just as good on the 360."

And don't bother asking for a Wii. They usually laugh and tell you the next time a shipment comes in and to show up before the store opens.

A price cut won't do the whole job this time.