yes we will should be good

I don't think people should expect too much from this.

I might finally get one. Should I ? what about my reputation? OK, i am going to get one, but hide it. Yes, that's what i am going to do. Good God, i hope no one heard me.

I'm kind of torn myself as to what to think.  The main SKU is still $299 so I don't think the 360 is at that "magic price point" just yet.  But who knows what will happen.  The holidays will be fun to watch either way.

WOW...this is breaking news!....LOL...Nice job to VG CHartz to land this exclusive news...and for all the HEAT they received from Sony Fanboys in BLASTING them over reporting on it first...lol...boy-o-boy, some people are EATING that humble piece at this point.

With regard to the price cut, it’s a brilliant move by Microsoft. The fact of the matter is this, LAST holiday season, a lot of the very people hating on M$ price cut now, stated that they expected a cut soon, and earlier this year (Jan-March timeframe) almost all expected the cuts to happen! M$ didn’t cut prices, and while sales haven’t seen the growth of PS3 or Wii, they CERTIANLY haven’t lagged or fallen, and have instead been MORE than the previous year’s sales. Therefore, M$ kept the console’s prices steady, made money, and waiting for production price reductions boost to power the price reduction, rather than cutting prices just to make a sales dent. There will a serious sales boost this holiday season for the 360 in NA, and it’s probably going to challenge Wii, which would have been unthinkable before. A $199 Xbox 360 is a far greater value than the Wii, imho, since you get XBL Silver whereas Wii has…The $299 Xbox 360 is a far better value over a comparable PS3 imho as well as the $399 360. For those 20GB buyers of the reduced priced 360, M$ would be smart to provide a $20-30 game coupon ala Apple with the I-phone. This will boost game sales, while provide the some relief for some buyer’s remorse…and a perfect pitch for the upcoming slew of big titles in the clunker for 360.

The fact is that M$ doesn’t have to win the console war, they just have to be competitive and on track for profitability, which they already have reached. As Microsoft Game Studios gains more robust experience and depth (Notice the boosting on in-house staff to with Yu’s hire), you can expect that there WILL be exclusives for 360. They have the money and experience in software to develop games galore, so it’s just making sure there is a vehicle to drive this growth. Nintendo is making a KILLING off first party software, and I think M$ see that’s as being critical to it’s gaming growth…YES…keep supporting partnerships with developers and publishers, but you run the risk of the Mass Effect effect…that’s a no-no. Brilliant move by M$, and in 3-4 months, we will know just how brilliant it truly was.

LOL, when I told my Wife about the new price...she Bitchslapped me. Guess I cant blame her....just like many PS3 fans who payed $7 large on launch day....I got a Core at launch, LOL. Luckily I was one of the few who got the Dell $299 Elite Deal with 2 games....so I made up for it.

GO X360 Increase sales, this holiday is going to be epic!!

it should outsell the PS3 due to price cut, unless Microsoft had some shortages this month ;)

This will really help North American sales. I don't know if it will pull 360 ahead of PS3, but when you look at a $399 PS3 vs. against any of the 360s it doesn't stack up well.

Sony has to cut to stay competitive in North America this Christmas.

The arcade is insane value. Gosh, it's around 145€...

vgc did good getting this out early well done well done, i wonder what the sales are going to be like now.

Will microsft be able to break a profit i mean they had a loss last quarter and thats before the price cut