Right now in my opinion the PS3 is in serious condition. If they don't do a price cut before the end of the year it'll go from serious to critical condition and will affect the PS3 for the next 2-3 years.
The fact of the matter is that the PS3 really doesn't have a hugely anticipated exclusive sequel game coming out this Christmas like the competition does with Halo 3 and Super Mario Galaxy so a price drop is one of the ways it might be able to try to combat that. It really is too bad that Gran Turismo 5 won't be ready this year.







