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MS to slash the price of the XBOX 360?

The internet Gaming community is all-a-buzz with rumours of a possible price drop on Microsoft’s gaming console, posted by the Hollywood Reporter. If true, the price on the 20gb PRO console will drop by $50, bringing it down to $299 US (from $349). Again, this can only be classified as rumour, but if it is true, then it appears that MS is already positioning themselves as the console to beat this holiday season. And with titles like Gears of War 2, Rock Band 2, and Guitar Hero World Tour already in the 3rd-quarter line-up, and a mere $50 price difference in consoles, the 360 will certainly become a very attractive alternative to the also cool, but arguably content-impaired, Nintendo Wii, and certainly much more affordable than the pricey Playstation 3.

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