Xbox has been catching up, that's why PS2 did't need to lower the price. However, it's official that xbox is having another price cut so I expect PS2 will have to match up somehow. Lets face it, there aren't many 'exciting' new games lately for PS2 innit. There have been more people wanting xbox than PS2 (my sales) so they better reduce their price!
I have my eyes firmly on GC though. Once its price drops, I will queue up for one..been gagging for Resident Evil GC....AR GC when will you be releaseeeeeeeeed?
Nintendo are supposidly rolling in cash at the mo. So I doubt they'll have any probs matching further price cuts. It nice to see them doing well again after the bad end to N64 sales and falling Gameboy Colour sales. Mind you they do have two kick pieces of kit on the market at the moment (GC and GBA).
Just the fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright brothers. But they also laughed at Bozo the Clown.