If Sony made a sub $399 PS3 at launch- would it have outsold the PS2 and force MS out of gaming?

[Turkish]

Its E3 2005, Sony sees the Revolution and realize its a potential gold mine. They abandon Cell, RSX, make a more powerful PS2 with HD support, call it the PS3, come up with the Move or a more advanced version of the Eyetoy integrated packed with every PS3 system.