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No. I've been itching for a cut for a long time. I could afford the 360 at its current price, but didn't see the point. I was pretty sure I'd get a 360 this summer, but even I was sorry to see the price cut was another measely $50. I'll still get it, but won't be rushing to the store as I would have had it been $100. I don't see this lowering the overall price into the range of the average customer (unless you are talking about the gimped version).