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So X1 has had kinect removed to $400, then a temporary price reduction to $350 in US only, back up to 400 for a fortnight, then back down to $350 US only, again.

Meanwhile, PS4 has yet to receive an official price cut(UK sets there own RRP , so the 329 wasn't official ). Makes you think what kind of damage a $299 PS4 could do. A price cut is definitely coming this year, Gamescom I reckon.