How much of an effect will the forthcoming price cut have on PS3 sales??

[CapAmerica]

I think its unlikely that the "price cut" will do anything.
We had a $500 PS3 and still no one bought it. Moving the 60GB model in the place of the 20GB won't help push any more units. Now if the PS3 had a real price drop and dropped to $400 I think that would help move systems.

I think the only way we'll see PS3 sales pick up is if E3 is killer for them. Other wise I see sales continuing on the current track they are going.