Speaking to Reuters, Konami CEO Kazumi Kitaue expressed doubts in Sony's ability to win back the market with this recent price cut. In fact, Kitaue said he doesn't expect a substantial impact at all:
[blockquote2]I don't expect a substantial impact ... With $500, you can buy a personal computer.[/blockquote2]
Kitaue then went on to discuss the future of the fabled Metal Gear Solid series. He says Konami may need to expand the target hardware for the franchise. Although Konami has dispelled rumors of Metal Gear Solid 4 heading to 360 in the past, it certainly looks like it could happen now...
Konami sees little PS3 price cut impact [Reuters]