Last year PS3 had a 1,3M lead over X360 early Oktober and won 2011 with a lead of 0,8M. This year PS3 has a 1M lead wich is less than last year but still too big for MS to win 2011.
MS has a great holiday lineup and Kinect, but it was the same last year. A pricecut won't work either. It didn't work for Wii, it didn't work for PS3, why should it work for X360?