price isn't a huge factor for me but i'm considering it.

dragon age = $40

Fallout 3 goty = $55

demon souls = $30

Red Dead = $60

I say go for RDR. I don't have the PS3 version, but I'm really enjoying the game on my 360. I didn't enjoy GTAIV that much either as well, but RDR is really good. The Western theme really adds to it as well.

Dragon Age and Fallout 3 are also good, but if you want those it would probably be better to go for the PC versions as they are better than the console versions.

Why games drop so slowly in price over there?

Anyways, all those 4 are must haves in my opinion. Four of the absolute greatest games in this gen.

what surprises me is that mod nation racers still sells for $55.  aren't games that don't sell suppose to drop in price fast?

SONY is probably making more profit on current sales and current price than what they'd predict if they sold more copies at, let's say, $40. 

Yes, and here in Europe they do. They drop fast if they been overshipped. But Mode Nations maybe sold like expected.

Get Dragon Age: Origins on PC, ignore Demon's Souls if you really are a pussy and finally, get MGS4 because all else fails.

Demon's Souls is hardcore, and you're a pussy, hardcore plus pussy = the best combo there is.

Edit: why isn't the plus sign showing up??

I don't know how it plays on the consoles, but I picked up Dragon Age Origins for PC a month or two ago and really liked it.