Until we have some form of official confirmation from the horse’s mouth we’re going to remain a tad skeptical, but evidence is mounting for the arrival of a $199 XBox 360 system in the near future. A screenshot of a product page for the Xbox 360 Arcade shows an amended SKU and new price point for a future system, set to be unleashed on the 7th of September. This release date coincides with a couple of major game releases, and would be a good way for Microsoft to launch a new promotional campaign leading into the Fall. Sure, it’s the barebones Arcade system, but $199 ain’t too bad for a “next-gen” console.

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Born with a cell phone in one hand and a tablet in the other, Josh Karp has followed his love of technology through to the present day. As a Special Correspondent at BGR, Josh covers press conferences, trade shows and other events around the world. An expert in all things mobile, Josh has more than eight years of experience covering the wireless industry.