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I don't know when MS will announce their price drop. I don't think they will announce anything until the last minute to prevent a sales decline for the 360. That stated the price drop will be $100. A $50 price drop really wouldn't amount to much of anything IMO. A $100 price drop puts the squeeze on the Wii since its $250 and it would kill Sony whether matched the price drop or not. If Sony matches their loses on the PS3 will continue to be obscene, if they don't they will watch both of their competitors eat into their market share at an accelerated rate.