Oh please. Surely they thought they would have done better than they did. I mean, they're looking at the PS3 as a media hub, and not just a gaming system. Do you really think they'll be happy with, or were expecting, those kind of numbers for their "media hub?" They thought Blu-Ray would have pushed them ahead, but with these $250-300 dedicated Blu-Ray players out there, there is nowhere for the PS3 to go. They needed a price cut this year. They did not need another $499 bundle. They shot themselves in the foot. Period.
And I know the economy has tanked. Guess what? It's only going to get worse before it gets better. This was the chance that they could have sold some systems if they had dropped the price. If they do a price drop for, let's say, March. Do you think people will be willing to spend $300 on the system after another three months of recession has hit?