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Spankey said:

I like to think of myself as semi-savvy; not 100% clued up on the ins and outs of the 360 but know a reasonable amount about it.
I also feel there are plenty of other consumers out there who feel the same.

Now, when i see a price drop in a SKU that was accounting for little more than 10% of the total units moved, it raises alarm bells.

First bell is, is this old stock, not the Jasper? Do/will they even make new Arcades?
If not then the $199 might only serve to bring the RRoD problem to the fore again.

Second bell is how much of a sucker do they take me for? by dropping the price of an inferior bundle by the amount of a new game, do they expect me to buy a new game?
Then charge me for an internet service that I'll need to get an additional (proprietry) HDD to get to use efficiently?

I smell something bad, and it's hitting shelves in September.

I haven't kept an exact list but I do believe your posting means at least one poster has supported, at least in part, each of the possibilities that have appeared in the press. And I would not be at all surprised if you are right.