Xbox360 vs. PS3 vs. Wii price war?

Sony dropped the price of its PS3 by $100 on Monday after introducing an upgraded version, and Microsoft is widely expected to do the same. The Toronto Star quoted Shane Kim, VP of Microsoft Game Studios as saying that Microsoft needs to lower Xbox's prices to increase sales and lure customers. "We need to compete effectively for that customer and part of that is getting to the mass market price point for the console," said Kim. While he ruled out a price cut this week, Microsoft is supposed to launch an upgraded version of the Xbox next month in Europe. If MS follows Sony's example, you can expect to see prices on the existing versions to drop at that time.

Meanwhile my family has been having a blast with Mario Party 8 on the Wii, and Pokemon Diamond and Pearl on the DS (we have 3 copies). Another DS game, Children of Mana, has been occupying a lot of my free time lately as well, especially the multi-player cooperative mode.