Is cutting the PS3's price cheating?

[Rock_on_2008]

Cutting the price of an overpriced console is not cheating. PS3 launched in the US for $600. A year later PS3 was reduced to $400 with cheaper model 40GB model and 60GB reduced to $500.  Every else in the world PS3 was by a third in price introducing the cheaper 40GB  PS3 model.