Remember that rumor about the the Xbox 360 price cuts? Well, by way of a Meijer catalogue the rumor seems to be true. To refresh your memory, the current Xbox 360 Pro will be phased out and the Elite system will see a price tag of $299.99 (per the above pic). This basically means a black finish with a 120GB hard drive for less money. The catalogue isn’t set to come out until August 30th, so we can only assume that the price cuts will become official on that day.
Now were just waiting on the new bundle rumor to come true.