PS3 : Sony may reduce the price of the PS3

Here's a possibly good news for all the gamers out there !
We received a mail from Sony today and this is what it said:

Sony considers slashing price of PS3 console
The assertion that Sony may reduce the price of PS3 is based on comments made by Ryoji Chubachi during an interview. He explained that the budgeting process for PS3 pricing and volumes would be re-examined as market forces and the competitive environment change.