PS3 is well-positioned for the first time, says Signal Hill analyst

Signal Hill analyst Tom Greenwald commented positively on the pricing strategy of the PlayStation 3, according to Edge Online. He said that "Sony [is] well-positioned for first time since launch" thanks to the 80GB PS3 selling at $399 and "Sony's biggest announcement was a strong counter-punch to Microsoft's $50 price cut on the 360."

Greenwald also mentions what he feels is another advantage Sony holds over the competition: a strong game lineup. He also says that the $399 price point is a great advantage over the competition's similarly priced model, since it comes standard with so many more features. In the end, he's just one analyst — your personal opinions are always the ones that count the most. Do you think he's got a point?

[Via CVG]