dont forget that Sony can release a ps3 slim and then price it at 399. and when people ask why so expensive they will give you the same explanation as with what happened with the PSP Go.

now if a PS3 slim releases at 250-300, then it will be interesting, but MS will definitely fight back though.

True, but Sony knows the need for a pricecut far outweighs the need for the Slim. And if the 70% figure is true then the Slim will give them the chance for both

If 360 doesn't get a price drop this holiday season to match Sony should they drop the PS3's price down to $299.99 then they will sell significantly less. Demand for a cheaper PS3 is stratospheric at this point. Demand for a 360 at $199.99 is falling since it's been available for almost a year now. It's also worth pointing out that when the PS3 reached $399.99 back in Q4 2007, the 360 wasn't able to outsell it in worldwide weekly sales even once until it managed to get a significant price drop despite the fact that it had a pricing advantage of at least $120 in every region. Needless to say, if PS3 manages to drop the difference in price to $100 and Microsoft fails to respond with a price cut of their own, they will not outsell the PS3 until they do.

Halo 3: ODST isn't going to move a significant ammount of systems. It's essentially a Halo 3 expansion on steroids. Just who do you think is going to be buying the game? It's the people who own Halo 3 and by association must already own a 360. Pretty much every informed person knows that the game is going to ammount to a ton of software but isn't going to shift hardware. The same is true for Left 4 Dead 2 and Forza 3 to a lesser extent. These are all games that have had prequels already released on the system they are all games that are targetted to people who already own the console. They're potential to move hardware is fairly limited.

In comparison, PS3 has two guaranteed system selling games almost definitely coming this year with Final Fantasy XIII in Japan and Gran Turismo 5. Both games are the first major iteration of their multimillion selling franchises this generation and will each likely move more hardware than all of the 360 games you listed combined. And if those two megatons weren't enough, Sony also has Uncharted 2, Ratchet & Clank Future, Ninja Gaiden Sigma 2, Katamari Forever, EyePet, Demon's Souls, Buzz! Quiz World, at least 3 SingStar games, and until proven to be delayed M.A.G. is still coming this year as well.

However, the question of what Microsoft will do in response to Sony is an important one. Thankfully, we've already been given a good foresight into this by the same source who leaked to us all the information about the PS3 slim and Sony's "rumored" price drop months ago, the Ars Technica mole. According to the mole, Microsoft's plans for the 360 is to drop the Pro SKU and replace it with the Elite for the same price. In other words, Microsoft's strategy is the "added value" route which is the same strategy that Sony followed through with last year at this time and we all know how well that worked for them. They got steamrolled over by the competition during the holidays.

If it can't win this holiday, it can't win any.

The PS3 and Wii will be closer than ever before and the 360 will be a distant third. That's my prediction.

If they were 'hardcore gamers' then surely they'd already have both consoles?

Perhaps he means the increasingly sad and isolated figures that have closed-minds and attack machines they don't own.

A small, but potentially profitable market, for sure.

Good luck to those that are ensconced in 'war'

I still don't understand why everyone is still hyped about the PS3 Slim rumors.

This is Sony we're talking about, they announce stuff months and months before it's out.

The only thing Sony can do right now is lower the price for the PS3. That would be a smart move since Nintendo already said they won't cut the price of the Wii.

As a Wii and PS3 owner (Xbox 360 and DS too) owner, I agree with you.  Nothing Sony will do will matter when it comes to Wii.  Nintendo will competely destroy the competition this holiday.

Agreed!

Yeah not gonna happen The PS3 has the upper hand this holiday when it comes to exclusives,But everyone and there momma knows that modern warfare 2 will be the "it" game this holiday.

Not going to happen. The second Sony gains any momentum, Ninty and M$ will slash their prices to keep in toe.