It looks like Microsoft is really preparing a European price cut for all Xbox 360 modells.
Dutch toy chains Bart Smit and Intertoys have both listed in their ads that an Xbox 360 price cut is happing on March 14. All Xbox 360 SKUs will have a price cut. The Xbox 360 Arcade will drop from €279,99 to a price under the Nintendo Wii of €199,99. The Xbox 360 Premium will drop from €349,99 to €299,99 and last but not least the Xbox 360 Elite will have a new price tag on March 14 of €399,99 as to the previous €449,99. A proof image can be viewed below.
Source (in Dutch): http://www.xboxonly.nl/nieuws/10622/Xbox_360_prijsverlaging_lijkt_al_zeker/
Source (Babelfished): http://babelfish.altavista.com/babelfish/trurl_pagecontent?lp=nl_en&url=http://www.xboxonly.nl/nieuws/10622/Xbox_360_prijsverlaging_lijkt_al_zeker/
You aint found shit!