Me thinks they cut the price of the wrong console...
Sony is hemmoraging cash. The PS3 loss for every sale only makes this situation worse. Cutting the price of the PS3 only increases the losses. IMO some accountants are leading up the decisions. So perhaps a PS2 cut would be the easiest way to increase profits this year. Did the accountants give up the PS3 race this year?
But, let's be positive about this. Perhaps Sony realizes Christmas is when sales are made or broken. So they'll wait for Oct and not let Microsoft beat them another Christmas.
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ErikBauer 
