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psrock said:

Knowing Sony, the PS3 will be $199 when it becomes irrelevant thus missing the big opportunity. 


Agreed by the time the PS3 will be $199 it will be pretty much irrelevant because the sucessor to the Wii or the 360 will be out by then and by that time their might be a firm release date for the PS4 (it could be out already also).  But I also thing that once the PS3 hits the $279 and shorltly theirafter the $249 price point its sales will get a decent boost.  Even if Sony doesn't cut the price this year the strong lineup of exclusive titles will still boost its hardware and software sales.