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Microsoft has all the time in the world to have a price drop, they are selling almost evenly with the PS3 across the world. Sony is the one that must act and i feel Microsoft will wait until Sony drops the price before they do anything. Microsoft just wants to play it smart this generation.

I feel next gen is when Microsoft will make big moves to crush Nintendo and Sony in the gaming world, MS has all the money in the world to win the console wars if they want.