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I think its better to release before 360's price cut. Then the 360 price cut would have less effect, and been seen as a desperation move against Sony.

They should drop price to $299 now, ride the Blu-ray wave, then release MGS4 in March, and release a GTAIV bundle in April.

They have to go for the throat. GTA is the only title that really matters IMO to sony that is on the 360.

They need to be the brand associated with that game, and that would be the perfect time to win back NA from the 360. After that the 360 would ride out the rest of this generation in 3rd.

 

**And im not trying to start any more fanboy nonsense im just saying GTA is Sony's best chance to win back NA. If they have momentum at that point huge gains can be made in NA.