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Aj_habfan said:
They don't need to stretch the PS2 install base any further, they just want a profit. Dropping it would sell more, but be useless if they aren't making much money.

Yeah, I entered the thread to say exactly that.  I think they'll just enjoy the profits on $129 PS2 sales for a while and drop the price of PS3, to encourage migration of the mammoth PS2 base.

Wii and low-end 360s (Arcade or whatever they call it) won't be challenging PS2s low price point anytime soon, and parents that want a cheaper console/DVD player for the kids will be drawn to the $129 PS2 for a while still.