Subject: Holy crow!
Nintendo just announced that the Wii (their next generation game system) will be out in 4th quarter this year (XMas shopping), and will retail for no more than $250.
So, just to sum up:
XBox 360: $299 or $399 - out now
PS3: $499 or $599 - out Novemberish this year
Wii: $250 max (probably $249.99) - out 4th quarter this year
Based on those numbers, I'm assuming we can see an XBox 360 price drop around late October/early November...