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Squilliam said:
I think the Xbox 360 certainly needs a price cut this year but it is hard so say whether or not it will get one. Microsoft seems to be trying to position the Xbox brand as being more 'premium' than the PS3. Its really hard to predict what will happen in the future.

It's likely that the PS3 and the 360 will get a price cut when successor consoles are either announced or released. Either way I think it's too late, 360 really needed that price cut to compete with Sony.

This kinda annoys me, PS3 is the more expensive system to develop, and during Black Friday/Boxing Day of 2010 and 2011, 360 Arcades were $130. Why not this year, why is this not a permanent cut? I know it's MS just getting rich, but it changes the market from teenagers/kids with some cash to adults. $200 is quite a bit of money, especially when you consider how much excellent software is available for $20. It just makes buying a console unreasonable, for it to cost more then 10 good games (Examples Halo 3, Lost Odyssey, Tales of Vesperia, Infinite Undiscovery, and all JRPG's, Bioshock 1 & 2, Dead Space 1 & 2, Vanquish, Gears of War 1, 2 & soon 3, Fallout 3/NV, Forza 2 and 3, Mass Effect 1 & 2, etc, etc).



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