That's why I have the priviledge to call things what they are =)

If we are going to follow this logic, the PS3 launched with a 20 gig at $500 and a 60 gig at $600.  After the $100 price cut we had 3 sku's priced at $400, $500, and $600.  So to follow Bitmap Frogs unusual logic the barrier to entry was lowered by $100 not $200.  Clear?

None of this has anything to do with Microsoft's current situation.

Well most ppl on here call it a 200$ price drop and its generally accepted. It's much easier to type that then "introduced a new SKU that is simlar to the original at 200 USD less." Terminology is irrelevant to the topic at hand. Im going back to college to get a bachelor's in Marketing to go along with my masters in Engineering. So I like talking about the sales and strategies as long as its civil and reasonable. Theres no point in talking about it if someones going to come in here and say "lawl 360 RROD" or "delaystation" etc etc

The Wii is another beast altogether, it's appeal is crazy broad.  I mean folks I know who would never even think of owning a console have expressed a desire or already own a Wii.  Crazy!  ALSO for the record, don't own a Wii yet either :(  I imagine that will come sooner rather than later though.  As the boy grows older I think it'd be easier to share with him.  Totally off topic, sorry.

To your question; I think that all things being equal, no it would not.  The difference between the two is decreasing but at a constant level, rather...the difference is currently not decreasing at an increasing level, if you follow me.  That being said the current numbers do not suggest that when added up over the next 15 months or so that the PS3 would catch the 360.

Clearly however all things are NOT equal.  Two factors I think dictate how soon they are equal: 1) how big of an effect the price drop has in the Americas and to a lesser extent Others/Japan and 2) if the MS price drop affect is significant, how long it takes Sony to respond with a drop of their own (to even the playing field) so to speak.  By January next year, I think this picture is MUCH clearer.

As a side note, I think any PS3 fan who DOESN'T own a PS3 yet, should hope for a big spike in MS sales due to this cut.  That is the ONLY way Sony will be forced to lower thier prices anytime soon.  Thanks for asking by the way, obviously as I'm not paid for this...I reserve the right to be completely wrong! HAHA.

Launch price of the PS3 was $500.  That price was lowered to $400.  How much of a price cut is that?  We don't need to discuss the fact that it is essentially a different product.

 Well instead of answering my reply some 10 posts ago you decided to correct an irrelevant piece of terminology that everyone on this site has said/seen b/f and hasnt cared about. All of this happening after you said the clearance sale in America was a price cut this year. You can continue debating this to yourself.

x360 arcade - 200 euro.
x360 60GB - 270 euro.
x260 elite - 370 euro.

ps3 80GB - 400 euro.


But in USA... In usa, x360 20GB model went to 300$ price, and still was outsold by PS3.
It`s hard to believe, that people wait so much for 60GB model for 300$.

Well, time will show. Maybe x360 is running out of M$ fanboys, first xbox sold only 24 mln. =))

What??????? its about time for a price cut, they are three years into the lifecycle and will still make money on the console.  MS needs to be profitable also.

How can you say the libraries are equal when MS has been out for a year longer and has a much richer library of games

Yeah especially since it has been out three years and they can afford too.  Lowering price gets more sales, more slaes build brand recognition.