I doubt it will prompt a price war. I reckon Nintendo and Sony will be happy that the strength of their games will carry them through the busy christmas period.
Super Mario alone caused the Gamecube to overtake the X-Box in sales after two days of being released. Couple that with upcoming Starfox adventures (not my cup of tea), Metroid Prime, Eternal Darkness, Resi Evil Zero and Zelda in the new year.
PS2 getting PES2, GTA 3 Vice City, and the impressive back catalogue.
also paid £575 for jap psx with ridge racer , £545 for a saturn and daytona, £600 for a n64 jap with mario and pilot wings, and remeber paying £350 for a super famicom with marioworld.
looking back would still pay that for the n64 and the famicom, because i think mario 64 was one of those few games that is worth a few hundred quid to experience. same with the snes , mario, pilot wings, zelda , mana, chrono trigger, mario kart etc.
with the price of machines these days, lets face it it is 2 decent nights down the pub for the cost of a console, there is no reason not to own all of them.
Well have to say that I got rid of my Xbox, I had 60 games and not one of them , tell a lie halo, did i sit and play. Just doesnt do anything for me Graphically great , sonically great, but the games just dont compare with mario etc.
I know a couple of mates that will not buy the cube even though it and mario can be picked up for £150 odd, instead they would rather buy 3 crappy games for the xbox that they play for a couple of nights then leave sitting there collecting dust, at a cost of about £135 !!!