Aw, Here It Goes!
http://www.gamespot.com/news/6176300.html?om_act=convert&om_clk=newstop&tag=newstop;title;1Word of a price drop for the Xbox 360 has been buzzing since before last month's E3 Media & Business Summit. The rumors got even louder recently as the Hollywood Reporter cited retail sources in detailing a $50 price drop set for August 8. That was soon corroborated by a pair of leaked retailer newspaper ads for Wal-Mart and Toys "R" Us that was set to run in the following Sunday's paper. Those were closely followed by a Circuit City flier that specified a $50 price drop for the Premium Xbox 360 bundle, a $30 drop for the Elite, and a $20 cut for the Core.