Almost confirmed, PS3 to receive a price cut to $199.99 at e3.. and a new greatest hits lineup

[Millenium]

Retailer specific price-cuts aren't necesarilly indicative of a upcoming global price-cut though, if you think about it it doesn't make much sense for retailers to incur such a loss of revenue if they already knew that in a few weeks time Sony would drop price and be paying for it instead.