Well I guess they're changing the name of the Premium, too. The JP stores I've checked out now have it listed as the the 360 Value Pack(available from 11/1) That is with the 5000 yen discounted price and the 2 pack-in games (Forza 2 and Viva Pinata). Should definitely help to increase sales somewhat.
As for another price cut in the US, I highly doubt it. JP did not receive the earlier price cut ($50) like the US. The price was still the same from when I bought my 360 here this past Feb. It seems like the original price cut is just finally coming for all regions(was only the US/EU before).
I just hope they reduce the price of the Elite(not likely since it just came out less than 2 weeks ago here) and include the pack-in games with it. I want to pick up an Elite for myself sometime ;p
starcraft: "I and every PS3 fanboy alive are waiting for Versus more than FFXIII.
Me since the games were revealed, the fanboys since E3." 
Skeeuk: "playstation 3 is the ultimate in gaming acceleration"
