Re: Price cuts - I think there are some excellent points here already, but I also have to wonder if MS isn't afraid of selling the 360 Pro at or below Wii's price point and then still being outsold by a 'last-gen/inferior' system.
Bundles - Not bundling GTA doesn't surprise me, it was not bundling Halo 3 that shocked me. Not even with the Halo 360 (or whatever they called the ugly beast). I mean WTF was with that?
European prices - Didn't they just cut the price in Europe? Not that it helped much...