Well, folks it’s official. Microsoft officially announced today that the Xbox 360 Elite will see a price cut of $100 on August 28th, taking it from $399.99 to $299.99. Of course, this news is no surprise since we saw an almost endless array of leaked flyers from major retailers depicting the price slashing. The Xbox 360 Pro, though, will see a $50 price reduction until they run out of stock. The Arcade system will remain at $199.99, which leads me to believe that Microsoft will introduce some sort of robust bundle for the holidays that we heard murmurs about a few months ago.
In terms of Project Natal news, Microsoft said that “the Xbox 360 you buy today will work with code-named “Project Natal” and controller-free gaming in the future.” I wonder if that means some of the older Xbox 360s won’t be compatible? Microsoft, you might wanna clarify.
So will you go out and purchase a new Xbox in light of the price cuts? I bought mine from Costco, so assuming they adopt the new lower price I’ll be returing mine for a straight trade to the Elite system. When I first purchased my Xbox 360 Pro edition, I assumed 20GB would be enough, but now that you can copy games to the hard drive and download full blown games 120GB is a neccesity.