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XxXProphecyXxX said:
I don't even know if you can even call that a price drop replacing the pro with elite for the same $299.....it's like a 80gb ps3 getting replaced by 160gb ps3 for the same price $399.....=.=

Exactly. I feel it's very strange that the PS3 gets a very powerful price drop by $100 from $399 to $299 (along with a HDD increase from 80GB to 120GB), while the X360 doesn't drop in price at all, essentially they only increase the HDD from 60GB (Pro) to 120GB (Elite) while remaining at $299.

Stupid over-confidence I think. But maybe they'll drop $50 later this Fall?