Current systems with HDD (250/120 PS3/360) will not get a price cut, but come with some type of bundle for the their current price with the new Motion Tech.

They will cut the standalone prices (I bet 120 ps3 to 249 and Arcade to 149).

Who knows!?

A value add. Rumours are there will a slightly lighter slim PS3, which will bring costs down further

I think they will sell a PS3 will GoW III & Uncharted 2 or something like that for $299
OR a PS3 with move for $299

PS3 Move bundle for $300, you can bet your soccer momma on it.

PS3 core bundle for $250. You heard it here first.

Don't expect a price cut from either unless they choose to have models that don't come with their new control systems (something already unlikely, since it'd insure the failure of those controllers). These controllers are expensive enough to counteract any $100 price cuts they may have considered otherwise.

Yes I think we will see another price cut this summer, eathier with release of move/natal , or close there after.

x360 = yes it shall have a price cut, in some form or another
ps3 = no chance sony want to start making a profit again(on ps3), no pricecut until 2011

Xbox 360 - yes. PS3 - not likely.

I don't know all the details of this $129 Canadian special deal this week, but if they can afford that without taking much of a loss if any loss, MS should be sitting pretty for dropping the price this fall.