With news today of Microsoft's admission of widespread defects acknowledgement of an "unacceptable number of repairs" for the Xbox 360, current 360 owners can finally rest assured knowing that if (when?) their 360 sees red, the problem will be rectified. This news may also be the spurt of confidence that many waiting buyers needed who have refused to purchase the system due to the hardware problems.
Upon hearing the PS3 $100 price drop rumor, many wishful gamers are predicting a counter-price drop by Microsoft to maintain the apparent price advantage the 360 has over the PS3. But are they being realistic?