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ChronotriggerJM said:
PS3 is in a much better place to drop price, not only does it benefit more from a larger install base, they're losses will be made up by software, AND they have blu-disk sales to reap, and with the much sought after High Def electronics market, this is way more than just video games lol. They have quite the initiative to drop the prices ASAP.

All very good points. My question would be are they willing to make the preemptive strike. I think they'd be best off waiting for MS to make their cut, then match it. If Sony goes first, and MS's is bigger than anticipated, Sony might have to cut again.  So I say let MS show their hand first.

Hopefully the cuts come before March 11th for the PS3 40GB since that's when the price match runs out on my second unit.