http://www.joystiq.com/2008/09/03/xbox-360-price-cuts-official-60gb-299-elite-399-arcade-199/ "Major Nelson announced that the price cuts for the Xbox 360 we reported on two weeks ago will be official as of Sept. 5. The new prices for the console are: Xbox 360 Arcade - $199 Xbox 360 60GB - $299 Xbox 360 Elite - $399 This means that the Elite and 60GB received a $50 price drop, while the Arcade received an $80 cut. Now we wait to see if the new prices help boost the Xbox 360's slouching sales."
It was official over a month ago when stores would honor the 50 dollars off if you bought it then.
I'm not sure why everyone was so up in the air about it. If retailer don't mind taking off 50 bucks that's "supposed" to come off in a little over a month then that tells me it was going to happen.
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