360 will win.
PS3 has had a fair few price cuts and in a lot of places i.e UK is now pretty much same price as a 360.
The 360 is due a price cut as will be going into the 4th year since the last official one soon.
I think in UK we will see the arcade version (4gb version) drop in price to £99 soon. And i imagine they will then do kinect style bundle for around £140.
The thing is MS can do that and still make profit. Where as i don't think the PS3 can or will go lower without again making losses. And right now i think Sony is more concerned with Vita taking off.
So i think 360 just because realisticly this will probably be the last 12 months of the console being the only MS console out or about to come out. They will try and milk it for all it's worth.
