^^ so would 3 years from now when you purchase a HDTV the right time to lower the price or what?
Apart from the BD, what does the PS3 has to offer that's better than the 360? The major innovation that is the BD is irrelevant for most people.
Obviously I'm not saying that they shouldn't reduce the prizes. To the contrary it might help the sales of HDTVs and PS3s eventually. But we have to face the fact that we are going through a recession, a lot of people won't have the funds to get all those new technologies. All I'm saying is that PS3 is cutting its price too late. It should have never been released with prices so high thinking sales would be good.
PS. Personally I have 2 HDTVs and I'm very satisfied with them and I know people who got them too. But most people don't have HDTVs and don't feel that it is necessary until they really don't have a choice. Also there are still lots of shows on TV that are not HD yet. There is so much to do before it becomes really worth it to have HDTVs.