Microsoft to cut Xbox 360 Elite pricing to $299.99, Pro to $249.99 leading up to discontinuation

Hot on the heels of news that Sony’s PlayStation 3 and PlayStation 3 Slim would soon become available for $299.99, Microsoft has responded with a body blow. Redmond’s popular high-end gaming console is currently available in three different versions: Xbox 360 Arcade for $199.99, Xbox 360 Pro for $299.99 and Xbox 360 Elite for $399.99. While the Arcade will continue to sit at its already-attractive price point, beginning tomorrow Microsoft will drop the price on the Pro from $299.99 to $249.99 and the Elite will drop from $399.99 to $299.99. Ouch, Sony. The Pro will stay at its new $250 price point until current inventory is burned through and it will then get the axe, leaving just the $200 Arcade and $300 Elite to man Microsoft’s fort. The company claims that this move has been planned for months but we find it a bit too convenient considering Sony’s aggressive moves of late. So gamers, which sounds the most attractive at the $300 price point — Sony’s PlayStation 3 80GB, the PS3 Slim or Microsoft’s Xbox 360 Elite?

Thanks, Tarun!

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