Prior to COVID, I don't think hardly any were selling at $300.  They were readily available with a bundled game at $250, and quite often at $229 and even $199.  

Of course, COVID ishis here, and it has increased demand for hardware.  So, maybe you're right and $99 is not gonna happen this year.  But, if they're launching Series S at $299 (seems like there is little chance that it costs more than that) I can't see where there's much of a market for XB1S at much more than $150.  Plus, MS wants people to come into the ecosystem and sign up for subscription services.  So, I can see a case to be made for losing money even on the old console, just to get the maximum possible number of people subscribed to GP.  

In any case, you have reminded me that the list price is $299, and I guess some are selling at that price now.  So, I won't be betting on a $99 pricetag this holiday.  I do think $150 will happen though, if Series S launches this year.  

If Series S was 300 I'd probably get that, but I see it more likely at 400. I think their main goal is to undercut Sony, and if they can do that by 100 dollars, I think they'd be fine with that.  Of course assuming PS5 is 500.

$400 seems a bit steep for the Series S if the whole point of it is to be a cheap entry level system, as opposed to the full fat Series X.

If I were MS I'd got for $300 for the Series S, they can afford it.

I think entry level is relative to the price of the PS5 and XBox Series X. The MSRP for XBox One S is still 300 so I have a hard time seeing it at that price. Unless Microsoft feels that getting users on Gamepass is worth taking a pretty sizeable hit in the short term.

We will need to wait and see what PS5 and Series X cost, but Lockhart at $400 seems a hard sell to me unless the former are $600. If they're only $500 I can see most consumers wanting to just pay a bit extra for the beefier ones and Series S having little appeal.

Maybe.  100 dollars in the past has generally been the difference between harddrive sizes in SKUs. Still, it'd be weird for lockhart to launch at the price of the One S. Not impossible, but unprecedented.

I guess it depends on what they want to do with the Xbone once the next gen is out; cut its price and quickly phase it out, or keep it around for a while.

Maybe.  100 dollars in the past has generally been the difference between harddrive sizes in SKUs. Still, it'd be weird for lockhart to launch at the price of the One S. Not impossible, but unprecedented.