By the time PS3 gets to $199.99, i think it may be too late in the gen, with pressure from a next gen Wii and possible x box 720 consumers will be moving on to newer and better systems with more features. Now that is my opinion if we have to wait another 2 years for a price cut. If Sony does another 50 dollar cut next year that should keep PS3 relevant in 2012/13 fiscal year.