Does PlayStation 3's Price Cut Matter?

<img src="http://t1.gstatic.com/images?q=tbn:ANd9GcSGmuZ-Xo4Od69mN5MOxfCzOqKycXVAv0P6NyexG6sE_tw5Y6u1rcq-hw" style="float:left;clear:both;margin:0 15px 15px 0" /><p>It's hard to &#098;&#101;&#108;&#105;&#101;&#118;&#101;, but we're nearly five years detached &#102;&#114;&#111;&#109; PlayStation 3's lackluster launch &#105;&#110; November of 2006. Hot off of the record-breaking success of the PlayStation 2, PS3 models &#119;&#101;&#114;&#101; boldly (and stupidly) priced at &#098;&#101;&#116;&#119;&#101;&#101;&#110; $500 &#097;&#110;&#100; $600, &#117;&#112; to <i>twice</i> the PS2's launch price &#105;&#110; ...