Looks like a bad article. A price cut by MS would be pretty big, especially if they announced it now before the Halo 3 hype. I'd expect it to hit a lot of websites, followed by fuzzy phone pics confirming the price drop in stores. Ha.
I think that interview when they said 199 was the sweet spot made people think it was price cut time.
Threads of Interest:
The Movie Thread: http://www.vgchartz.com/forum/thread.php?id=6880
The Crow Eating Thread: http://www.vgchartz.com/forum/thread.php?start=0&id=3886
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The Greatest Game Ever Conceived On Any Platform
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