It's official. The XBOX 360 (Arcade Version) is going to become the cheapest Next Generation console on the market. Here's the official word from Microsoft...

"We are thrilled to be the first next-generation console on the market to reach $199, a price that invites everyone to enjoy Xbox 360," said Don Mattrick, senior vice president of the Interactive Entertainment Business at Microsoft. "Xbox 360 delivers amazing performance at an extraordinary value with the leading online service and best lineup of games, downloadable movies and TV shows available from a console. The majority of consumers make the decision to buy consoles once the price falls to this mark, making this an important milestone for consumers and the industry."

When Friday rolls around, the Xbox 360 console will go for $299.99 and Xbox 360 Elite for $399.99.

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Michael Garofalo
Webmaster - http://photics.com

$199 eh? I wouldn't buy a console for more than a hundred bucks mind you, but that's not so bad. At least their going down.

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I went to a bookstore and asked the saleswoman,"Where's the self-help section?" She said if she told me, it would defeat the purpose.-George Carlin

I wonder if this will help the 360 get 'over' the PS3 in sales? We will see.

I saw one news report that 27.7 360's have been sold, but the fact of the matter is PS3 is the 2nd and 360 is 3rd. 360 reports 360's sold to companies before being sold to us, while PS3 reports sold to the actual consumer. :\ gotta love how news slants things.