@Selnor
You are a complete troll for spreading rumors and misinformation tailored to your preferences.

And if the new 60GB SKU was $299, then all other SKUs would have to drop respectively or sales of the $279 Arcade would be completely cannibalized to the point that it would make almost no sense to keep offering them to consumers.

I'm sure most have already noticed that MS and Sony have essentially come up with virtually the SAME strategy; maintain current prices of their various SKUs while adding perceived value to consumers for their "core" SKU (currently the 40GB PS3 and 20GB 360) through additional HDD space while discontinuing the old/replaced SKUs.

Neither one should be particularly eager to drop price at this point, less the other follow suit, effectively canceling out the supposed advantage and losing more money on each console sold.

Not particularly promising to those holding their breath for another string of price cuts all around, but there is still a remote chance it could happen as the holidays approach.

More likely, holiday bundles will be offered instead once again, from both companies at current prices.

Please do not feed the trolls.

Not ture. MSRP stand for Manufactuars Suggested Retail Price. Retailers can at their discretion sell items for higher or lower then the MSRP. FYE is notorious for doing this. When new games are released they are usually $59.99, FYE hikes the games up and sells them for $62.99 to make extra profit. They also so it to get you to buy their backstage pass which saves you 10% off of purchases.

99% of retailers sell items at MSRP because if they don't it would be a loss to them.

i bet 299$ by gow2 (349 for elite and 199 for the arcade)

 WTF mr 86 posts? I didnt say it was $299 in Target. Get your facts first. Other members on this very site said they been in Target and they are selling the new sku already for $299. That wasnt me. And read my op properly. I made more than enough point that this is may not be fact.

You may not be a troll but you sure are an optimistic Xbox 360 fanboy.

well they can play.com were selling the xbox pro 20 gb in the uk for £170, £30 less than the rrp, so ur telling me that is wal-mart wanted to sell the pro for $299 and help to sell thousands of extra consoles a week then microsoft are gonna say no sorry u cant , i dont think so

Agreed. Selnor you are not even living in America. Why do you even care about the American X360 console prices? You plan on importing a cheap 60GB American X360? UK console price is like $100 to $200 US more expensive than the UK retail of the same console. Anyway the American consoles are superior than PAL and Japanese consoles.

FYI: the only people who make money out of increased console sales are the companies: MS, Nintendo and Sony. Fan boys do not make any money from console sales. You forked out money for a console just like the rest of us console owners.

Oh, the irony.