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Skeeuk said:
well the official price is what microsoft says it is, but retailers can knock down the price as they see fit.

 

Actually, they can't. the price is the price. It's set by the MS, Sony, and Nintendo. Consoles are one of those things that are fixed price (might be the only thing). That's why bundles are so popular.

Anyway, if it's $299, this means Sony better drop there price, or they are in big trouble in the US.