Since it's been pretty much
confirmed that the 20GB 360 is going to be getting a price cut down to $299.95, we hoped that the Arcade SKU would be getting a similar price cut. In light of the rumors of a 60GB HDD SKU though, we did speculate
the price drop was simply to clear shelves of the older 20GB units and that the future 60GB unit wouldn't debut at $299.99.
While that could all still be proven wrong, as more info comes in it seems to be the most likely scenario. Thanks to a tip from our good buddies over at ps3fanboy
we've got an advertisement
from Circut City that seems to confirm that by the weekend of July 27 the Arcade unit will not have gotten a price cut. Makes you think about why someone would buy that over an HDD equipped unit at $299.99; unless of course they'll all be off the shelves by then ....
Only time will tell, but look for E3 to clear up a lot of these uncertainties.