So a few days ago, Microsoft announced that the Xbox 360 elite’s price will drop by $100. Along the same lines, the Pro will drop by $50 and the Arcade will stay the same. There also will be some new packaging with the new price drop, that you will see in the weeks to come as the retail stores get their shipments in. This is right in line with the release of the sony PS3 Slim. This new announcement still keeps the Xbox cheaper than the PS3 and hopefully sell more units.
You can see some of the new packaging at Major Nelson’s Flickr account here.