Pachter says the PS3 could outsell the 360 at a $299 price point. I have to agree that it's a possibility for this year alone, considering we know of about 5 or 6 high-profile games coming to the PS3 and perhaps 0 for the 360. However, the economy will certainly cut into that potential for victory, considering how many people have made their choice of consoles for this generation by now and won't be able to afford another even if they wanted to.

Also, I find it hard to understand how Sony could be in the hole so much cash from their games department when the PS3/PSP is so huge in Japan. Last I knew, the only place that the 360 was so huge was in America.