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The $299 is temporary according to MS. But I think once they are sold out, the whole line up will see a price drop.

#2 Yes, the older ones definitely; I don't know about the newer ones.

http://www.mirror.co.uk/news/topstories/2008/07/07/500m-bill-for-xbox-red-ring-of-death-89520-20634547/

#1 I actually wonder about myself.

(I really don't want to spend $400 on a PS3 just for FFXIII, that is why I want a 360 but I do not want RROD either and spend weeks without my console.)



I would cite regulation, but I know you will simply ignore it.