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ckmlb said:
That was quicker than I expected. There has to be some cost reduction that happened for Sony to be able to drop the price everywhere like this, at least some...

Agreed but I wouldn't doubt that they are taking a lose by this. Their plan may be to try and do this to increase userbase, and increase the number of games on the system(more royalties) and so on. I don't think the Price cut wiull help too much. It won't beat the Wii, but maybe the 360 ddown the road.