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Machiavellian said:
I really do not see this being something of E3 worth. Basically MS is saying we feel Kinect is not the product to pin our hopes on. Its not the product we feel make the X1 different from our competition. Instead this move is about provide a price option comparable to the PS4 to stop the bleeding. Its not like this announcement at E3 will suddenly make the X1 sell like the PS4. If anything there will be a decent spike for the people on the fence then maybe a modest bump in weekly sells.

An official price cut is always E3 worthy.