I was just at TRU today, the lady at the counter (and no i didnt ask) told me to check out the price on the PS2, andit was indeed 299.99 cnd, i was like, wow, then she proceeded to telling me that microsoft was losing something like 150$ on each box, and that the price cut would cause them to lose more. Then she said that x-box was going the way of dreamcast, she said it lacked in sales, when compared to Gamecube and PS2.
By the way , this is NOT my opinion, this is what she said to me, so dont tell me im biased or something stupid like that.
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