You'll probably be waiting a while for a PS4 price drop considering it's already $100 cheaper than XBone. My guess is XBone will be the first to drop (possibly with a Kinect-less package) and then PS4 will try to undercut them a few months later, but that will probably be a year from now at the least. Not that there isn't going to be plenty of games to play on the current gen in the meantime!