Three options for X360:
1. At the earliest it could be just before MGS4. Don't believe in this though.
2. Fall/before GeoW2. Needless to explain more.
3. If Sony seems to get too far away. They're definitely going to wait this long since they can probably easily afford a price cut.
I'd expect the cut be at least the same as in Europe earlier this Spring. Could be higher though, and in that case they'll be worldwide cuts.
As for the PS3, it's harder to say. Before MGS4? Probably not. Fall? Maybe? Before Christmas? Probably not but who knows. Anyway, it's probably this year but seeing that things are going well for Sony, it's hard to be certain. Could be next year as well. Oh, and the cuts'll be at least $50 and will be worldwide or soon follow in other regions if not at the exactly same moment.
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