Sony does have a strong hold in parts of Europe, so I believe it is very possible that PS3 will pass up the 360, but I doubt that the Wii will have difficulty because of the fact that by the time the PS3 gets down to the equivalent of 300 USD in Europe, the Wii will probably have had a price cut down to somewhere around 200 USD and will have a stronger software line-up. Unless of course, Sony decides they want to take a real hard slam in their pockets and take even more losses on their hardware (very doubtful).
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Sony does have a strong hold in parts of Europe, so I believe it is very possible that PS3 will pass up the 360, but I doubt that the Wii will have difficulty because of the fact that by the time the PS3 gets down to the equivalent of 300 USD in Europe, the Wii will probably have had a price cut down to somewhere around 200 USD and will have a stronger software line-up. Unless of course, Sony decides they want to take a real hard slam in their pockets and take even more losses on their hardware (very doubtful).