yeah, it is a great price for a previously overpriced console. It's still not going to give consumers the illusion of a beteer deal, if they could drop it another $50.00 then it would.

^Lol I guess I forgot that video game systems have to be $250 to be bought.

No no no, you don't understand.

In order for PS3 to be worth the money it has to be cheaper than everything else.

Heh, not suprisingly, you both missed the point, reread my posts, or risk me laughing at you both. Also the PS3 at $250.00 is hardly cheaper than everything else.

No you misread me, is $300 not a great price point? $250 would be a terrible move for Sony to make. Of course $250 would be better but it is less realistic, I'm being realistic.

The price cut and slim won't save the PS3, it's far too late into the generation to do that now.

What it will do is heal the gaping wound and keep it competitive with the xbox 360 for the remainder of the generation, maybe allow Sony to start recouping some of the losses. I don't think it will ever close the gap unless it continues to sell long after the next generation starts, it's too large.

^Probably right but the consumer has to love the price.

Oh god.
People are never satisfied.
First everyone was screaming and yelling for a price cut.
WHAT DO YOU KNOW? They cut the price.
Still not good enough for some people, just wow.

The way I see it this gen will last LONG. It will be some 3 to 4 years for the next consoles. To me that means trouble for Xbos and Wii since they are maxed out and PS3 can still get better. Add free online and wi-fi and blu-ray at 300$ and you got one ridiculously good deal.

The price means nothing if the consumer doesn't love the product, which is Sony's problem right now.

Price cuts are guaranteed to boost sales because there are always people holding out until it's within their price range, but how long that boost lasts and how large it will be is determined by how attractive the product is, not how cheap it is. The cheapest price in the world will not get people to buy your console unless it stands out as something worthwhile.

We've seen this before with the PS2, despite the Gamecube being way cheaper and more powerful, nothing Nintendo could do could spike consumer interest, while the PS2 was just flying off the shelves.

Similar thing this generation with the Wii, At $250 it's still outselling the competition because it has a great reputation and everyone wants one, nobody cares about what technology is in the box. it has value beyond it's technology, something PS3 has yet to secure. Every single ad I've seen for Sony has focused on the systems power, blu ray, etc. and rarely the games which is what will sell the system.

Even the recent Slim adds focus on the systems power  and thigns liek blu ray, without a hint of a game.

This is one I found in another thread

It's important to have the price point stand out, but they should also advertise some of it's great exclusives with it. The uninformed person who sees this ad really knows nothing other than it's $300 and has blu ray. What are these trophies? Built in hard what?. It looks like it's trying to be a PC rather than a game machine.

I would of thrown some of the greatest hits titles on there.