Xbox 360 Price Cut a Reality

Hmm. I wonder if the Xbox 360 price drop has anything to do with Sony dropping the PS3 to $300… nah. Must be coincidence.

Regardless of the reason, rumors (basically confirmations without Microsoft confirmation) have turned out to be true. The Xbox 360 Elite has been dropped to $300, and comes in a fancy new package. This is still the same deal, so no wireless adapter or HDMI cables are included, so you’ll still need to shell out a bit more if you need either.

In the meantime, to clear out inventory, the Xbox 360 Pro will run $250, but only until they sell out. That unit is being phased out. The Xbox 360 Arcade will remain at $200.