I think it'll be a real big mistake if they don't drop the price of the PS3. The 500gb PS3 model currently costs only $100 less than the 500gb PS4. The PS3 is 6x less powerful, that's an awful big power gap for $100. They need to get the 250GB and 500 GB Super Slims down to $200/250. Microsoft on the other hand needs to get the new 360 E down to $150 for the 4GB model and $200-229 for the 500 GB model. At those price points, they can severly undercut the Wii U, which has specs closer to the 360 and PS3 than the One and PS4, and is currently overpriced at $300 for the 8GB model and $350 for the 32GB model.