madskills - Your not the only one saying GTAIV would cause a X360 price drop.
Hopefully they do a $50 drop in the US + Europe, and a 5000 yen drop in Japan when IU or another major X360 launches.
Sleepwalking - MS can deliver a blow to Sony with a $50 drop - provided it drops the $50 from each SKU. Can you imagine an Arcade being about $20 cheaper than a Wii? It would definately change the sub-$250 market, as it'd possibly lure a few people from the PS2/Wii buyers (ie, people that cannot afford much).
But I do agree that a $75 or $100 drop would be the best. It'd totally kill Sony. However, at $50, Sony might not respond. At a $100 drop, Sony might respond with a $100 drop - totally nullifying the X360 drop, creating a frightening beast at $300. Which would then inherantly destroy the X360 and maybe Wii too.
Back from the dead, I'm afraid.
