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jonop said:

It will probably be more like £150 though.



I assume your talking about the arcade slim?

Why would MS make the console that get's them the most sales more expensive then the last arcade?

As others have said before the arcade will likely have 4gb memory and not have wifi. Losing the wifi and the 250gb harddrive is not going to save £20 is it. We are looking at maybe about £50. Thus the $199 AUS is probably near to what it will be.

The costs to make these 360's are obviously a lot less then the old ones. That is why companies make these revised consoles. I am 99% certain by november you will be seeing these new arcades around £99 in various stores. It happened in some places last year (Sainsbury's).