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Train wreck said:

It would devalue the xbox 360 as it just had a series of price reductions. You need to space price cuts or you will start alienating customers who just purchased your product


It's only been about a year since the last Arcade price cut. I think they are okay to do so as long as they wait until holiday season.

You also have to factor in that the Arcade unit is for the casual gamer/family unit, so its not so much about what the price was, but rather the fact that they can purchase an Xbox 360 and still have 150 dollars to work with, as opposed to a 299$ Slim. It would be a great move, but who knows if they'll actually make it.