It's looking like The PS3 will finally pass the 360 in total sales this year.

thats what people said last year when the ps3 got a pricecut and 360 didn't. 

I feel like the 16GB model will be $149 and then the other two will be $200 and $250.  Because if the pictures comparing the sizes of the new ps3 model are correct, then I believe the production cost will be cut down by a lot.  Especially with no automatic disc load and eject, considerably less materials, and most likely a lot smaller fan, cell, power supply, etc.

that is one sleek looking 360....as for no price cut, I am a little surprised, I thought for sure they'd do one this year, with the WiiU and now a supposed cheaper/new PS3 model, it will certainly take away potential buyer for the 360 this holiday season.

surely you can't be serious.

Say whaaaaaaaat??  It's a new Nintendo console with a new controller AND it's launching with Mario.  This thing is going to fly off shelves during the holidays.

HOWEVER... i do agree with the rest of your post because that still doesn't mean that M$ has to cut prices right away, simply because the Wii U is once again going to be targeted at the casual / expanded audience and hardcore Nintendo fanboy audience, so it really isn't that much of a threat yet. 

no clue but it really seems like they don't try a lot anymore to sell more 360s. just talking about this edition, it is for halo fans and not really for new console customers so they rather try to make a good profit with the halo 360s instead of selling more of them but without gaining a lot new customers because even if they would sell that edition for a lower price most who will buy it already own a 360. so they only profit they will make selling this edition is the profit of the console itself and not future game sales.

I think it's entirely possible for Sony to price the 16gb model at $149. You're right, they've barely had a $50 cut in three years and now costs are going drastically down, plus no HDD means an even cheaper to produce model. I'm not sure Sony will do that though, they may want to profit more on HW. It may go either way. Anyway, my point was just that a price cut is guaranteed, at the very least to 199.