360 Price Reduction In Australia

It seems that North America (for once), isn’t the only region benefitting from a price reduction. Australian 360’s have undergone similar price reductions on their 360. While the exchange rate seems off to those of us in other territories, the price reduction was essentially what we have already received in North America, with one slight difference. The 20 Gb unit has been reduced to AUD 579.95. Meanwhile, the Core has bee reduced to AUD 399.95, which is the current price point of the Wii in Australia.
With a 360 SKU now being priced at the same level as the Wii cause an upturn in sales? This may force Nintendo’s hand, with their system now priced on the same level as a High Def system. Or of course, sales could just merrily chug along in Australia, and Nintendo could continue laughing their way straight to the bank.