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If the PS3 and 360 are still selling, why should Sony and Microsoft be upset? They're making more of a profit off those, anyway. People will switch in time, sure, as exclusives pile up, but it won't be a disaster if the transition takes awhile. The difference, of course, is that the Wii is basically dead; the Wii U isn't losing sales to the Wii, it's losing sales to the PS3/360.

I think people forget that selling the most consoles in a generation is more important to fanboys than to console manufacturers.

The one thing I wouldn't do, if I were in Sony's and Microsoft's shoes, is give the PS3/360 a price cut. I'd keep the price where it is now, except holiday specials.