Console price cut rumors are in the air. The most likely time for a drop is E3 in May and expectations are for a $50 reduction on PlayStation 2 and Xbox systems. Now, some analyst has posited that Microsoft might take the dramatic step of cutting to $99 by end of summer. Folks, this borders on rampant speculation. Then again, it wouldn't surprise me to find some Microsoft bean counter running the numbers right now. At this rate, with the price deficit where it is, Nintendo could have to start paying people to take the GameCube...
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