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microsoft are really trying their best to get back in the game. it pains me to see what their efforts result in. price drops only work to a certain extent, in my opinion. once the console is already affordable, and cheaper than the competition, then another price will only work as a temp fix after that. the 360 right now is already great value. making it any cheaper gives a very inexplainable impression to the console.

the way i personally see it is; instead of people saying "wow, the 360 is so cheap", they could be saying "why is the 360 so cheap?" that's just my take on the situation though.