By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Saying it with any spins, yes. There was an Arcade version for $199 and now there won't be anymore for a few months. A new Arcade or whatever they decide to call their new entry model is coming before the holidays for sure though.

However, the remaining Elite and Slim version features a lot of cool features the original X360 didn't have, like a glossy finish, more USB ports, touch sensitive buttons, consumes even less power and it is smaller.

All these features put together plus the new product felling and the upcoming Kinect release that make Microsoft believe the X360 can be competitive at $299. Even if they sell less X360s than otherwise would be, the profits will be much bigger.