[quote name='Tooki']There's bound to be a price drop on it soon, along with the PS3. $130 is just way too high anymore, especially when you can get Gamecubes and Xboxes for a fraction of that.[/quote]
The GameCube and Xbox are both dead systems, though. The PS2 still sells pretty well and has a bunch of great games still coming out for it.
That being said, there is a thread in the deals forum about a potential drop to $100 within the next couple of weeks.