People are already expecting a price cut, so people who are holding off buying a ps3 (many of my friends) will finally take the step and buy one.

Link please.

Look at their financial report and use some common sense. 

They aren't bleeding money off 9 year old PS2 or 4 year old PSP. 

Unless they blew hundreds of millions of dollars on hookers and coke every night for the last year, the PS3 is the culprit. 

it will never be released at 299. Sony loose enough money as it is on the PS3. So stop dreaming.

Did Sin actually say that?

I trust in the Sin.

makingmusic, who´s Sin?

@makingmusic

apparently sin said its true too. who is sin?

Ok, with the newer pics i can see the size difference. Nice if true. However, I doubt it would accompany a $100 price cut. Max I could see is $50.

Guess we'll find out at E3 or TGS.

this wont hurt the 360 sales, because m$ will counter it and then the sales will be where they are now, with the 360 leading the hd consoles. also the ps3 wont win the holidays for sales, why? simple because it never has won a holiday yet, period. halo :odst will be a major reason the 360 wins the software wars this holiday. a $299 ps3 will help for sure, but if the ecomony is still bad, then it wont do what the ps fans want it too. i think if the arcade is $150 and the pro is $250 for the holidays then the battle will be in the favor of the 360. :)

Sin's a guy on neogaf with some relation to Sony (can't recall what) who has leaked things in the past.