3DS price cut is excellent news. I'm still waiting on some new (and by new I don't mean ports) games to become available before I get too excited.
Something interesting is happening at Sony. Recently they've made some interesting investments. They've signed Tarsier Studios, DoubleEleven Ltd (Former Rockstar Leeds guys who made GTA for PSP) and Novarama (Augmented Reality specialists) to exclusivity deals. They've also committed to putting $20 million into PSN exclusive development, and now they've purchased Sucker Punch Productions (who made Sly Cooper and inFAMOUS).
They are bulking up substantially. Guerilla Games now has a second studio, Polyphony Digital now has a second studio and Media Molecule are expanding. Take into consideration the multi-game exclusivity deals they have in place with Eat.Sleep.Play (Twisted Metal), LightBox Interactive (StarHawk), Quantic Dream (Heavy Rain) and ThatGameCompany (Flow, Flower, Journey) then something is definitely going on.
That or Yoshida has been smoking crack.
Microsoft have also been expanding. They've opened new development studios in London, Vancouver etc. All seem to be focusing on Kinect. (Much like Rare and Lionhead).
PS4 and Nextbox bulking up more than likely.