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Legend11 said:
It is simply price and lack of a lot of good games (exclusive) that are hurting the PS3. Even if they get a lot of good games/exclusives in the next 12 months, by the time the system comes down to a mass market price (~$200) the console race for this generation will have already been decided.

I'd be very surprised if the PS3 makes $200 this generation before the PS4.  The 360 won't hit it for 2 years either (not counting the core, which, let's face it, needs to be discontinued).