I don't think it'll be $200 cheaper, keep in mind that Sony is partnered with other companies that make blu-ray players, so if they make it too cheap that could hurt those other companies sales and make it more difficult for them to work with said companies in the future. My prediction is that we'll see if for somewhere between $299-$349 in the US, but no less than that, unless Sony makes it so the PS3 slim is unable to play blu-ray movies.