NJ5 on 19 July 2007
I think it's very likely that the Elite will arrive to Europe at a reduced price already (probably accompanied by a price cut for the other models). If Microsoft drops the Core, that would amount to another non-price-cut (PS3 style), so I hope they don't do that.
My reason for saying that is that it would be a bit stupid to launch the Elite in Europe in August and then reduce its price before Christmas. It's possible, but...
My Mario Kart Wii friend code: 2707-1866-0957
