(but just in higher resolution? :) )
ie: Is the big console meltdown just around the corner? And who gets to be Atari this time? (Hang on, I guess Sega already jumped the gun on that :) )
I'm willing to make a wild prediction that at least one of the consoles will be US$129 (or possibly even US$99) by Christmas. No, PSone and Dreamcast don't count.
Personally I'm in no rush to get a new console as I haven't played out all my Dreamcast games yet. Actually, I haven't played out all my Atari 2600 games yet (StarMaster is a bitch on the 3rd difficulty level!) but that's beside the point.
I reckon one big thing in the PS2's favour is that many of the games have been released as Platinum - ie: cheaper. I'm guessing this is the case the world over.