For Sony, they don't need to, as it's outselling the 360 is Europe by massive amounts, and in the US by a reasonable amount.

For Gamers, why should they? Sure everything would be nicer, cheaper, but the PS3 even at the current price represents a massive bargain, you are getting more bang for buck than any other consumer device around.

I can understand why Microsoft are price cutting, desperation. However you only have to look at the last European 360 price cut (about 3 months back), which only provided a 2 week upwards blip in the otherwise sliding 360 sales.

The xbots are only happy about their price cut because they need to buy them more.

I'm good because i bought a PS3 on day one and don't need the price cut. My sources at Sony say they're outselling the 360 10 to 1 and we don't need the money anyway.

We're doing fine thanks.

My sources at Microsoft say the 360 is outselling the PS3, and that Ballmer is pretty well off, too.

Being sensible for a moment, I fail to see why Sony would announce any price cut in advance anyway. Nobody ever does. The price will come down when it comes down. I'll buy one when I can justify the expenditure.