It's hard not to find both good and bad news being shouted from the rooftops on both sides of the street these days (Except for the Wii, of course - it's always sunny on Mario Avenue) but this one caught my eye.  If PS3s are "gathering dust in a warehouse" then it's a bad thing, right?  But then again, I wonder what the numbers for the Xbox 360 Core package will be once the Elite hits the market.

This fight isn't over, not by a long shot, and won't be for quite some time.  HD-DVD/BluRay will be the first big score, once that gets decided, but there will be others...

Anyway...

mcvuk.com: PS3 slashed to under £390

Gameseek leads the way as PS3 price continues to tumble at retail.

The online retailer is currently selling Sony's new console at an unprecedented £387.87, and Play.com, Gamestation, Shopto.com and WH Smith have also all been selling the console for under £400. Similarly Tesco and Amazon continue to offer several eye-catching deal software deals on the barely one-month old console.

“PS3 performed well pre-launch and the first week of release, but since then sales have dropped considerably,” said Gameseek boss Stephen Staley. “I am sure the deal will help matters. I personally believe the cuts are down to overstocking from launch. Credit goes to Sony for supplying for all of the demand, however this has left most retailers with alot of stock and with the consoles costing around £400 you can imagine, its not healthy for any business to have alot of PS3 consoles gathering dust in a warehouse.”