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There's a bit from this interview that really puts things in perspective.

JK: "No. As I mentioned, we don't look at these price cuts on a short-term basis. We don't react to short-term, week-over-week market trends. We knew going in that the 2009 price cut would probably stand the test of time for a few years, and it did."

The price cut effect has had incredibly good legs. Even now, 2 years since its last cut PS3 sales are still dramatically ahead of 2009.


VGChartz Hardware data for the period 02nd Jan 2011 to 13th Aug 2011:

Console PS3
Total
5,735,858


VGChartz Hardware data for the period 04th Jan 2009 to 15th Aug 2009:

Console PS3
Total
4,111,248

I expect this price cut to have pretty good legs as well.



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2. Persona 4 Arena
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4. Ninja Gaiden Sigma 2
5. Super Street Fighter 4