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I think there won't be a pricecut this year. However I don't think Microsoft will wait fora PS3 drop. They should be dropping in May 2008. Sony should drop it's PS3 price asap. June and July ain't the best months for a pricedrop. In this way Sony is forced to drop PS3 in september. 360 drops 199/299/379 PS3 drops 350/450. (remember if you don't need Wifi, cardreader, and planning to buy a huge Harddisk it's a massive pricedrop 250 ow well for Europe) These estimates are for US.