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Phasing out the Pro and replacing it with the Elite is just silly. The Elite is already $400. So is the PS3. If the Elite is the only good model left, and it gets a price drop, then with it's current price of $399, it won't go under $299. Ironically enough, that's the price point that everyone thinks the PS3 will be at.

I've said it over and over again. A $400 PS3 beat out a $350 360 week in and week out for 8 or 9 months. At price parity, the PS3 will murder the 360