Microsoft announced starting Wednesday, the Xbox 360 will be cheaper.
The Elite model will be $449 (down from $479), the "Halo Limited Edition Xbox 360" (when it is available in September) will be $399, the standard (was "Pro" or "Premium") will be $349 (down from $399), and the core ("why?" version) will be $279 (down from $299).
The reason? Madden 08. Seriously. Microsoft is looking to scalp PS2 owners looking to upgrade.
So why not drop the Core model down a full $50, to make it even with the Wii's price? That would have been fun....
UPDATED: The $349 Standard / Pro / Premium will soon have HDMI standard. So, if you were waiting for a price drop to buy this 360 SKU, you may want to keep your eye out for a box that has an HDMI logo (probably sticker) on the outside of the box -- for the same price. (These versions may also have other enhancements, like 65NM chips and quieter hard drives, but that's still to be verified.)
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