In the wake off the formal announcement of the '360 slim', Microsoft have also commented that they will be slashing the prices of the older model 360's.
The 360 Elites will now be $249 USD, whilst the Arcade will be $149 USD. The 360 slim will be $299 USD, the former price of the Elite model.
http://www.strategyinformer.com/news/8315/microsoft-to-slash-360-prices
Dont think $299 360 Slim can outsell what sony has up theres sleeves and at worse ps3 may remain at $299 also has bluray free online you do the math.
Will there be a slim arcade?
Are HDDs transferable from the old 360 to the new one?
Play Me