Don't believe everything you read, but the Xbox 360 may just be $100 cheaper by the time winter rolls around. This means you could possibly buy an Xbox 360 for half the price of a Playstation 3—quite a deal when you consider the Microsoft console is just as "next generation" as Sony's, save for the whole Blu-ray playback thing.
Nonetheless, if this is true, it would definitely put a damper on the PS3 launch. Why go with a console with first generation launch games that's uber expensive when you can have one that has two Christmases worth of games, some of which are actually pretty good?
Xbox 360 Price Drop This Xmas [News4Gamers]