PS3 was outselling it in part due to a large price cut last year, compared to the middling price cut the 360 gave.

The price cut needs to be over $50.00 if its $100.00 or $150.00 the momentum should shift to Sony though not sure for how long. They cant over take the 360 until 2010 if its even possible. who would have thought this generation would turn out like this.

WII- After Gamecube and N64 I really though Nintendo could be in trouble, Know they are kicking everyones a$#
360 - after the xbox which I didnt buy they looked like 50/50 they would do ok, now they are solidly in second place, outsold there orginal box, have a fantastic library of games and will n matter what hold there lead through 2010 which is the bulk of this gen
Sony - I honestly thought they would destroy the compeation this gen, but mistake after mistake has cost them. pricing, slow to come out with good games, remove backward compat.

Without question a pricecut would create a big boost in sales for PS3.

However, 360 is now at that magical under $200 price. In Sony loving Europe the a $299 PS3 might outsell a $199 360 but in the USA (especially under the current economic situation) no, I don't think so, but it would be competitive at least.

And yes, the Wii would still outsell them both combined.

Do you realize the current economic situation extends beyond the US, and in many countries it is even worse? 

it really is on sites only like this one though..... where ppl spend their time being stupid about these things.... 

PS3 will dominate as soon as the price drops to $300. That includes outselling the Wii (even if wii drops to $200)

PS3 won't outsell the Wii unless it costs $5