A new press release issues by NotifyWire.com claims that in some areas, PS3 supply is now equal to or slightly greater than demand. The press release also claims that we're at the point where people won't pay a premium for the console, or be foced into buying bundles. This would also explain why PS3s on eBay are selling for retail price, or sometimes, slightly less.

According to the press release:

"Compared to last year's Xbox 360 release, Ian says the PlayStation 3 has been available at more retailers, more often, and for longer periods of time. "Last year, at NotifyWire.com, we tracked several one thousand dollar Xbox 360 bundles which would sell out in less than two minutes after becoming available." When asked about PlayStation 3 availability this year, he sited a recent example. "Just today, a one thousand dollar PS3 bundle was in stock at eToys.com for over 12 hours. This sort of thing didn't happen with the Xbox 360 until well after Christmas." Perhaps Sony should be worried.

More evidence that suggests waning demand for the PS3 is available on eBay. Days after the PS3 was released, consoles purchased at retailers for six hundred dollar were consistently flipped on eBay for over two thousand dollars. As of this writing, the same console is selling for slightly above retail and in some cases not at all.

Although Ian said he's not currently tracking eBay auctions, he did comment "I think people are tired of being gouged on eBay and services like NotifyWire.com are making it easier for the every day person to buy the PlayStation 3 online from a retailer they know and trust."

While the Playstation 3 is not readily available from retailers online or off, it looks like level of enthusiasm for the console is moving closer inline with the supply and this is clearly not what the industry was expecting."