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I actually think it's possible in the long run, but it will be extremely close. 

The PS3 isn't even $199.99 yet (widely anyway).

A $199.99 PS3 w/Uncharted 3 this holiday will outsell the Wii U IMO.

That's what I think PS3 can do for Sony is it can steal a lot of the Wii U's sales by being cheaper and having hundreds more games (many at $19.99-$29.99 a pop) for the next 3-4 years.