PlayStation 3 price cut?

Apparently, Sony have decided to cut the price of the PlayStation 3 for it's US and Japanese release. Whether this will apply to the European launch remains to be seen, but a pre-release price slash would make an already tasty prospect even tastier. And with stiff competition from the Nintendo Wii which will retail at 180 quid, Sony would be wise to cut the projected price of 425 GBP if they want to compete with Ninty's forthcoming wonderbox.
On September 6th, Sony announced that the PS3 will be delayed until March 7th 2007 in Europe, so a price cut would go some way to healing our wounds of disappointment...right Sony? Right??!!!

Coming soon: heterogenous shed's 5 most anticipated games for 2006/2007.