A price drop would work for the 360, but they honestly don't need it. They don't need to compete with Sony because there is honestly nothing for them to compete with at this point in time. They're still selling better thant he PS3 and showing no lag in sales, and until due time have no reason to make fans think they need to dance to Sony's tune (i.e. they need to counter everything Sony does or they can't survive).
One could argue the price cut would be a surprise before the Halo3 release to make the phenomenon even more magnificent.







