SCE should keep the PS3 in production for as long as it remains profitable.
It's still great as an all in one media hub that happens to have access to a giant library of software, aging or not, that the PS4 won't be able to match for years. It's still a gateway device for SCE online services.
No one can realistically expect any AAA exclusives at this point, barring any that were stuck in production pipeline limbo yet are still going to be released on the original platform it was developed for, but it will still get plenty of 3rd party ports.
Price-wise, realistically I don't see the PS3 going below $199 with bundles. I suppose they could do a 12GB core system for $149, but I have a hard time seeing that option improving SCE's bottom line.
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