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HKN said:
Probably never.

Price cuts won't have much effect, here the the UK , the arcade is £100 and the elite is £150 already.

To the bolded, no it's not.  Care to show me a link for somewhere with them at that price, preferably several links if you believe thats the standard price.  The RRP for the arcade is still £159 which they increased from £129 last xmas.  Sure you can pickup Arcade's for less than the RRP but the RRP isn't anywhere near £100 and it is only sold for that amount very very rarely.

When the 360 does pricecut down to £100 then sales will definately boost some more, saying they will not is both naive and shows your bias is blinkering your viewpoint.

I would say I have no issue with your opinion of probably never though, just your reasoning used.