We like to whine and moan about how often gaming manufacturers release newer versions of the console, making the one you bought a month ago already old news. But sometimes, the constant upgrades mean a lot of competetion—which is good news for us. Microsoft is slicing prices on a lot of models to battle Sony's Playstation 3 price cuts, making it arguably one of the best home media centers...
The high-end Xbox 360 Elite is now only $299, down $100 to match the exact price of the PS3 after last week's Sony price cuts. The new price will be effective starting on Friday.
The mid-range Xbox console, Xbox 360 Pro, is about to be phased out of their production. It will also see a smaller price cut for as long as they last, bringing the price down to $249 from $299.
The cheapest Xbox, the Arcade, which comes without a hard drive, will still cost just $199. These are all arguably great deals for someone looking to add a media center with all the options of watching movies/TV shows via Netflix HD streaming and Xbox LIVE, listen to your digital music collection or stream via Last.FM, and this fall, access your Twitter and Facebook accounts. Not to mention the upcoming "Project Natal", which should further change the console landscape.