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This is 100% official now

http://www.xbox.com/en-US/community/news/2008/0713-consolestorage.htm

The $299 price is while supplies last. The new 60GB units will be available in August at $349. No other SKUs are dropping in price.

MS wants the 20GB units to get cleared out. So they drop the price and leave the Arcade and Elite and existing prices. They must not have many of those left in the channel. Most likely the new 60GB units will be with the new Jasper board. Have seen reports on NeoGaf that the SKU of the new unit has been found on Best Buy computers and the 60GB units way 2 lbs less.

Likely will see price drop across the board in a few months.



Its libraries that sell systems not a single game.