In a recent memo, an analyst with Wedbush Morgan Securities, Michael Pachter, has taken a look a the upcoming next-generation console wars, the vitality of the current generation, and rumored plans to fiddle with console prices as a sign that Sony might want to wait until 2007 to launch the PS3.  Much of the theory hinges on how effective a drop in the price of the PS2 to $99 would be in offsetting the success of the Xbox 360 launch.  If the sales of the Xbox 360 are somehow diminished by this price maneuvering, Sony may be wiser to hold of the release of its next-gen console until it has reaped the weakened Xbox’s benefits.  However, if the Xbox does hit in a powerful way, Pachter recommends a retaliation in the form of the PS3 coming as quickly as Sony can manage it.  Following this line of thinking, and although it may seem counterintuitive, fans interested in seeing the PS3 enter the market as soon as possible should hope for an extremely strong Xbox 360 launch.

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