This gen anyways, last gen the gamecube went all the way down to $70 at a normal price.

Not included in this story was the part where Chris Lewis crapped his pants when asked how MS is going to respond to the wii vitality sensor.

Not scared, but go into defence mode anyway.

The Elite pricecut wont move much more consoles, if any at all. The 360 is already HEAVILY advertised in the UK as being £130, now advertising it at £170 wont change anything.

now if sony Never releases the Slim and they are all "We did it for teh lulz! now Ps3 is going to go from 399$ to 599 US Dollars!"

Hardly. MS is known to be working on an iron lung peripheral that will blow Nintendo's lame little pulse oximeter away.

A $299 ps3 wont push 360 to 3rd place anytime soon (or at all) so no they shouldn't be scared. Plus they have natal, who knows what that'll do for them in 2010. They sure are expecting big things it seems.

^But Damien we believe it when someone else says it.

How exactly does this mean Microsoft is arrogant?

“We have a plan and a rhythm we are marching to – and we won’t be knocked off that cadence in terms of what the opposition might do.”

Anyone else think this is another example of Microsoft PR sounding increasingly like what Nintendo said prior to the DS and Wii launches?

And a drop to £170?? For the Elite model? That really is drastic. Though I suppose it could let them launch a 360 with Natal for £250 ish, could it?

With the 360 price apparently going so low, I think Nintendo may feel increased pressure to lower the price of the Wii in the coming months.

I guess a slim PS3 at 299$ will do better......