PS3 price cut within a year!

Yet another analyst speculation.

Top industry analyst Michael Patcher believes that gamers will be able to pick up the PS3 from as little as £300 next year, a reduction in price by £125."“The PS3 can command £425 from the hardcore and I think you'll see price cuts a year from now, probably to £300.”He was also confident that PS3 would be a complete sell-out, and deliver the kind of next-generation power that Sony has promised.“I think that games like Gears of War on the 360 look every bit as good, but given that PS3 game development was rushed, I fully expect next year's games to look better on the PS3.”