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Considering the PS3 has one of those huge power bricks internally, they could just take it out and it instantly drops to 360 levels.
Shrink the motherboard and heatsinks and use one of those br drives you have in laptops and the only thing they have to worry about is heat and reliability.
It's not a matter of if, it's a matter of, is it in 12 or 18 months?



PSN ID: T_Gears

End of 2009 ltd sales:

Wii = 67-68m

X360 = 38-39m

PS3 = 34-35m

Prediction: The PS3 will surpass the 360 on weekly sales after it drops to $299 on all regular weeks (no big releases).