There are rumours that Sony plans to slash the price of the PS3 to around 199, with some retailers likely to offer the console as low as 179. Can the Xbox 360 compete?
With all that Playstation Network hacking nastiness, PS3 fans have had their noses put out of joint by the security problems that kept them off PSN for weeks. Some good new might be on the way, however, as industry sources are reporting that Sony will cut the price of the PS3 - meaning you could soon snap one up for less than 200.
Since the PS3 launched the rival Xbox 360 has had price as a trump card but soon the top-end Xbox is going to be the same price as a PS3 - and it doesn't have Blu-Ray to tempt you into buying.
Although there are rumours of a new Xbox console next year, nothing has been confirmed and Microsoft might have to get creative to stay competitive. Hopefully this will mean more price cuts but we expect to see better Kinect bundles and other goodies to entice gamers to the 360 side of the fence. Either way, there could be some real bargains on the way.
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