A PS3 in the US in 2011 will be retailing for around $199.

[HappySqurriel]

MikeB said:

DKII said:
Why do people continue to think the PS3 will explode in sales if/when it reaches the "magic" $199 point? It didn't help the GC/XB any. And the fact that the PS2 sold most at $199 has more to do with the fact that it was at the price for longest and was at that price at the peak of its natural lifespan than any kind of inherent factor in the numerical value of the price.

 http://www.engadget.com/2008/02/27/poll-whats-it-going-to-take-to-make-you-buy-a-ps3/

You'd think that after people posted polls that indicated the PS3 was going to be more popular than the XBox 360 in North America durring the holiday season in 2007 you'd take these polls with a gigantic grain of salt.