the elite should be $300 and the arcade should be 150$ and the new sku should have a 320gb hard drive with bundle and should cost 400$

Truth.  People need to get the $299 PS3 out of their heads and grow up.  The adult world that we actually live in now knows better.

Can Microsoft really push it down that low, though?

Though i suppose it will have been 4 years into the hardware lifespan at this point...

it says nothing about a arcade price cut people.. no xbox will be 150 anytime soon.
Elite is getting the same price as the pro thats it.

it will be interesting to see how low the PS3 and 360 will go before the wii gets its first price cut

Interesting that there's a mole that's a mole to both organizations and knows both organizations inner workings.

Anyways, for those saying the 360 won't be $150 anytime soon, some of the major retailers in Canada (Wal-Mart, Future Shop, Staples forsure, I think others) have had the Arcade on sale for $149 on and off amongst each other for the past couple of weeks. I'm sure they got the nod to do that from Microsoft since I wouldn't think much of it if it were just one retailer, but since at least 3 that I can think of off the top of my head did it they much be trying to either A) clear old units out, B) use the Canadian market as Beta testers once again for an official $149 Arcade price point, or C) just a one time deal for whatever reason.

As a side note, Wal-Mart was also offering the 60GB upgrade pack for $99, so you could get an equivalent to the Pro model for $50 less, not too shabby. I don't think it will make a huge impact on overall sales though given how small our population is.

TT,
"Blu-ray was a mistake, there i said it"

No it's not. Bluray is there to eliminate disk space limitation, providing more disk space to store more and bigger content. Think before you speak. Otherwise you look like an xbot who likes to spout trash at the playstation 3.

If MS is having a pricecut on something, Sony shouldn't even bother dropping the price on the PS3.

If it is just an sku taking on the price of another, they should cut it.

I perdict (starting in Sep):

X360 Pro $249 (Arcade $179)
PS3 $299

U can quote me on this.

why is it desperate? its the normal yearly drop we had las gen which bigN has not needed since rocking the main stream, and Sony has been unable to afford if they could have you know they would have dropped the price last year.

i  expect though MS price cut will be one of two things

  a line up will be arcade without hd for 169.99 and a pro with current elite trimings for 269.99

or B    199.99 the pro becomes the new arcade with an HD bump to 120, and the elite becomes the new pro with an HD bump to 250/340