its no longer about exclusives since almost every game is multiplat for ps3/360. its just about which one is cheaper now.

You said it best yourself:
"Sure, if the PS3 Slim comes out and there's a price cut it will increase sales of the console."

And the purpose of a PS3 Slim is what? Increase sales! Tada! Its not like SONY care about some make belive console race. Id say profit is their main concern.

I fint it funny how ignorant you are, $400 kid.  Slim is all about the price cut for PS3 to get a mass market.  Smaller size is just a nice gimmick to help sales.  Ps3 has all the aaa games it needs, all it needs is a lower price.

Wii dont need a cut Nin wont do one, 360 is cheepo nuf a cut would send then back into the red and in hell with investors.  Either way they wont match a $100 cut.  And their $200 price advantage will decrease no matter what.  For what it costs 360 sales are falttering if it comp becomes a better deal more will chosee it over the 360 its not rocket science. 

at $200 LESS

sales are 119k to 105k any decrease in that advantage will hurt the 360 badly, at a massive HALF price 360 is struggling to out sale the PS3 ok kid.  Any one with a brain can see 360 is in a very weak position, and its only gonna get worse as their price advantage shrinks and it will that is simply unavoidable.

I guess we now know why he has negative VG$.

Allow me to quote myself since you apparently can't do simple math:

Link about average sale price:  http://www.gamasutra.com/php-bin/news_index.php?story=20714

I can't find the up-to-date one showing $290, but it is safe to say that after the big rush of the holidays making it $276, $290 is a normal rise since then.  If I find the more recent link that specifically states this, I'll update it for ya.

As to the Pro being the top selling SKU, Aaron Greenberg stated it in an interview.  I specifically remember reading the article on this site but it was a few months ago and I can't find it off hand either.  Once I find it, I'll update it for ya.

By the time the "PS3 Slim" will be released we will already be 4 years into this generation with (roughly) 120 Million consoles sold to (probably) 80 Million households. Most of the techie early-adopter types who will pay a premium for new and exciting hardware will have already bought a system, and the PS3's hardware can hardly be considered new and exciting anymore (at least on the level to attract early adopter types). We have hit a point in the generation where most of the (so called) "Hardcore" gamers will own (at least) one home console, and there will probably be a resurgence of PC gaming due to the capabilities of PCs moving further and further beyond the capabilities of home consoles. Basically, all that is left to buy into this generation are the "Low lying fruit" which are budget gamers (people who are unlikely to spend much more than $150 or $200 on a console unless it is a "Great Deal") and the unconventional gamers who are not particularly interested in the type of "Hardcore" gameplay experiences the HD consoles cater to. As I have said before, it is quite likely that a $150 XBox 360 Arcade or a $250 Wii with Wii Sports and Wii Fit are far more attractive options to the gamers who have yet to buy into this generation than a $300 PS3.

360 is a mere 50 away from that, if it failing at 200 it will fail at 150.  Especially since the arcade sku is a joke.

wii and waggle are attractive options to moms and kids not typical gamers.  I know plenty 25/35 years olds that will buy PS3 at a cheepr price.  400/500 is just tom much at this time. 

360 is already cheepest by alot and it failing quite bad by struggling to out sale a much pricer product.  At 200 less 360 holds a small sales advantage, at 150 it might not even exist.  Can't escape that.

When PS3 gets a price cut and gets a slim model, PS3s sales will just zoom past the 360. It just will.

It's not failing.....

It's been outselling the PS3 by a steady 15-20% since the holidays.  And the top selling SKU is the Pro based on the average sale price of $290.

Also, don't forget Natal which will completely shake things up next year as far as the games, price of console bundled with tech, etc.

Obviously Natal will be bundled with new 360's just as the new Sony stuff.  So at that point they will either have to increase the price or take a loss and guess which one will probably cost more *cough* purple wands + ps eye *cough*

I know many 18-40 year olds that will buy a 360 at a cheaper price.  I also know many PS3 owners who are selling them to get a 360, or purchasing a 360 to go with their PS3.  $300 is still too much for the majority of the people out there who haven't boughten into a console yet.

Agree with OP.  the 'slim' editions just fed into the current momentum, they did no create new momentum.  I think slim+price cut would be the same as 'price cut'.  It's not the size of the console, it's the size of the price sticker on it that matters!