A rumor, but since ms is terrible with rumors this might end up being true. The following is from an upcoming ad from kmart.
http://www.joystiq.com/2008/06/26/rumor-xbox-360-dropping-to-299/
With the release of mgs4 and its obvious popularity ( it sold 3 million copies so far) the ps3 has been picking up steam. The ps3 took over japan with ease and oddly enough its been doing really well in Europe *often outselling the 360* in fact as of today according to ms the ps3 is only 750k units away from beating ms in the European markets. Only market ps3 has been having trouble with has been North america.
In any case if ms really does lower its price, this puts both nintendo and sony in the spot technically. The wii hasn't dropped price since it came about and at 249.99 it doesn't seem like like such a hot buy when you have a 20 gig hd ready set for $299. And sony at the lowest price of $399 with mgs 4 is looking pricey..
Anyway lets see how it goes.
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Job 10: 20
The mikey's have a plan. Djay isn't all powerful.
