The ps3 only needs a price cut 299 in us and 299 euro in europe and it will get a price cut in november before the holidays and great games are realising also.
Ps3 have games like resistance 2 , motorstorm 2 little big planet mgs4 tekken 6 white knight cronicles, socom, ff13.
360 have also good exclusive like gears 2 fable 2 alan wake ninja gaiden 2 halo wars mabye more i dont know but 1 thing about these exclusive that half of the exclusives on 360 comes too pc eventually on the ps3 nonn maybe a few.
and have many of these 360 exclusives are system sellers ninja gaiden 2 no gears 2 no good game it will sell alot but not a system seller, alan wake dont thinl soo. The future ps3 has gt5 ff versus 13, 8 days, killzone 2, god of war 3.
360 dont really know but bioshock 2 and mass effect 2, call me crazy but i think these 2 games will come to ps3 asswell maybe not both but alteast 1 of them and mass effect will come to pc also, so according too me i see that the future looks really good for ps3 360 is going to be in a rough situation, know u can call ma ps3 fanboy or whatever but i have nothing against 360 this is my opionion.

It is a good acheivement for sony considering the position they WERE in but in terms of where they thought they would be at it is bad.

Also the fact that the 360 had a year start has no relevance whatsoever, I do not think dev teams will say

Frank "Xbox has sold 6 mil more so i think we should develop for them"

Archibald "Well actually it has been out a year longer  so lets develeop just for Ps3"

Frank  "Why not both?"

Archibald "Nah just Ps3"

The word going around seems to be that microsoft are in trouble, which to me appears strange as on numerous occaisions an animal of logic called sqrl has pointed out that all systems sales have increased.

This is a group win, so we can all hug be happy and play nicely together.

I haven't read anything in this thread beyond the OP, but here goes.

Some overall comments. With a 2008 line-up that by any objective standards looks like it will be just as good as the PS3's, and only a single $50 price cut in the USA so far, not to mention a new chipset and the 360-mote hitting this year, the notion that the Xbox 360 has "little ammo left in it's guns" is absurd.

Last week the PS3 was riding high on a lift from the biggest Sony-associated franchise released thus far, and it still couldn't get 100k in front of the Xbox 360. Taking into account the holiday season, lets say the PS3 could outsell the Xbox 360 by 90k on average this year (and that is a VERY generous assumption for Sony):

6.3 million / 90k = 70.

SEVENTY weeks would have us in October 2009 before the PS3 overtook the Xbox 360, and thats assuming a 90k a week lead holds up in next years slow months. Putting that into the equation makes you realize the change-over is unlikely to happen until the middle of the holiday 2009. At least.

By this time, the next Xbox will be a year (two at most) away, and there would be no tangible benefit to any third party developer to go exclusive without moneyhatting (much like now).

This year in Japan, the Xbox 360 is getting just as many (perhaps more) big JRPG's than the PS3 is. And no MGS has sold more than a million copies in Japan.

Now that we have recognized the real-world situation, we can make some slight alterations to your questions before answering them to find something of relevance:

1. What can Sony do to ensure a change over by the end of 2009?

-First they need to ensure the quality of large, non-system-seller titles to sure up their stable like Resistance 2, Motorstorm 2 etc...
-Second, they need to make system selling titles available at a reasonable price (in other words get a price drop happening) and have the major system sellers that have been pushed back (GT5, FFXIII) arrive reasonably early next year.
-Third, they need to hope Microsoft keeps focusing on profit rather than sales.

2. What can Microsoft do to maintain it's lead long enough for Sony overtaking them to be profit/games library irrelevant?

-Having established profitability, use new chipsets to provide price cuts without sacrificing profitability. Be content to be profitable quarter-to-quarter, but not quite to make money on the Xbox 360 overall (in the next two years).

-Due to luck (Sony push-backs) and good management, Microsoft's sequels this year are just as strong as Sony's. However, the focus needs to be on games that can shift consoles such as Fable 2 and Banjo Kazooie 3, rather than big, non-system-seller titles like Gears of War 2 and Halo Wars.

-Right now, the new exclusive IP's the Xbox 360 is getting look just as good as the PS3's. Microsoft needs to ensure that they really are that good in reality.

I would pick that new SKUs would revitalize interest in the console - Bigger HDD, Wireless, Blu ray, Xmote, price cuts and the impressive non shooter lineup that can target a different audience this year.

I would say a lot of games would achieve synergy like for instance alan wake - fallout 3 - fable 2 would make it a WRPG fanatics wet dream all together. Add to that Mass effect and a few JRPGs and you have a RPG bonanza. You also have Sacred 2 - Too human - Ninja gaiden 2 for action RPGs. This will definately broaden the appeal. With a few more strategy games, the Xbox360 will have much more bredth and depth to its lineup than the PS3 and when these games start popping we can expect to see a pricecut/new updated SKUs to push the momentum.

I think that a xboxmote or a ps3mote will do absolutely nothing

MS is very strong in USA but in japan and europe (except UK) i think x360 is in a "near to dreamcast" situation

and i think we should wait until july (after MGS4) to make any further prediction

Things are looking good for the PS3 battling the 360.

Already the PS3 is now on par with the 360's install base for Europe and is greatly outselling its competitor. The PS3 outsold the 360 to retail in total sales despite the more than 16 months headstart. The PS3 is outselling the 360 despite twice the entry pricing (399 vs 199 Euro).

I expect the release of MGS4 to have a profound impact worldwide, this will likely enlarge the gap of the PS3 outselling the 360 in all regions and very importantly revive the platform for Japan where the 360 is on braindead life-support.

Holiday 2008 sales should of course significantly enlarge this gap. I also expect a likely PS3 pricecut this year to have a far more profound impact than the recent 360 pricecut had on European sales.

Who would have bet that the PS3 will outsell the Xbox360 in NA for GTA4 !!!

(no special offer there, except the DLC and the advertising from MS)

what can do Sony ???

Release the 80gb in NA and PAL
Price cut WW
DS3 in PAL
S-mote ?

what can do MS :

price cut in NA
special offer using GTA DLC
X-mote ?

sony have to cut prices when MS price drop in USA. 80gb will return to NA but not expected in PAL.

Yes, the gap between the PS3 and X360 is drawing closer and closer. I see the PS3 taking over sometime in early or mid-2009.

Microsoft needs to either release another SKU, or better yet make a price cut on one of their SKU to spike up the sales.

It's confirmed that the PS3 momentum is gradually gaining way :D

What can Sony do to screw up?
-Delay EVERYTHING to 2009
-Not have a price cut, after the 360's NA price cut
-Errrrrr.......that's all I can think of. Everything is going well for Sony right now, I can't see their momentum slowing down at all, to be honest.

What can MS do to turn this around?
-NA price cut, down to $250.
-Drop Xbox Live fees.
-Expand their first-party division and stop their games going to PS3 and PC. (Bioshock, Mass Effect, etc) Anyone with a PS3 and high-end PC does not have much incentive to get a 360, in my experience.