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Even if a price cut is coming, it wont be this year. They are hoping their 1st party titles move systems. They are confident that people will pay the $600 price tag for their great software line up. Sure, a price cut with the software could increase sales even more, but Sony is not ready to start loosing more money. After they see the results of the holiday season, seeing if, in fact, the software moved systems, they can wait for production costs to decrease even further in 2008. That way, the PS3 can get to the point were it is neither making nor losing money for SONY.

Just my thought on price drop.