I'm sure a price cut is coming. Sony is clearly very between models right now though. I think they're using Europe to test the 1TB to figure out if a price cut is necessary, and are launching the new PS4 in Japan first just because the Japanese market is the least receptive to any home consoles right now.
I would expect a price cut by Fall. I'd say Holiday, but I don't think they'll wait that long since they're pushing out new systems now.










