@smashed: Im sorry what logic makes you believe the PS3 is doing amazing for it's price? This is others, which has always tended to be Sony's strongest area.
Let's take the $200 V $400 comparison people keep using (even though it's others and so multiple currencies are used). However right of the bat we have to say that not all 360's sold are the arcade. Realistically the average is probably closer to $250v$400.
So 360 sales are 323k and Ps3 sales are 176K. Using the very basic logic that if something is twice the price it sells half as much that would mean at $250 the PS3 would receive a 1.6 boost in sales. 1.6x176 = 282k. Below the 360, in Sony's strongest market, after a line-up of software that people were declaring would see sales skyrocket.
This is also done with very basic calculations as half price doesn't = twice sales. But basically it's very very hard to argue the PS3 is doing well for it's price. Especially if you consider that if both consoles were the same price MS would be making a much bigger profit off hardware.
Simple fact is sony mispriced their hardware and hugely over estimated the value people place on the sony brand name, the exclusive titles and blu-ray. It's sales are okay for it's price but definetly not amazing. Not to mention who cares what sales are like for price? It's a competitive market. When the PS3 drops in price so will the 360. And while not every 360 sold is a lost sale for the PS3 and pretty large percentage of them are. By the time the PS3 reaches $200 the amount of people looking for a $200 console will have dropped.
I have to say though Nintendo are doing insanely well with the wii. It's looking like to will soon take over the PS3 and 360 combined totals. Not only that but demand is still so high that they can probably continue on for ages without a price drop. It doesn't look like there will be a price drop next year at this sales rate. Pretty incredible.