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Well, going by Amazon, it seems the price cut is giving the XBO a higher baseline, but still not higher than the PS4's. The price has been $349 for over 24 hours, but the XBO failed to make it into the Top 10 Bestsellers for the hour and seems to be falling (though, I'm sure it will be be going up and down throughout the month.) PS4, on the other hand, seems to continue to hover around #5.

So, considering that, plus the fact that Sony has a pretty big exclusive launching in Feb, I'm going with the PS4.