Good news! The US economy is going in the toilet, and we may get cheaper game consoles because of it!! Says Activision CEO Bobby "Robert" Kotick:

With the rising costs of fuel and food and housing, it is more difficult to go out and buy a $399 console, and I think it's going to put pressure on the console manufacturers to reduce their prices.

This applies to everyone but Nintendo. Elsewhere Kotick thinks that EA - Take Two merger could be a "challenge." He says, "When you think about one company in control of the sports category, with no competition from anybody else, that could be a challenge."

Kotick is a regular ol' quote machine! Opinions? He's got 'em.
Game Console Prices May Be Cut [Reuters]