Microsoft confirms: Xbox 360 60GB for $349, 20GB now at $299

Lemme see, the separate 60GB hard disk is $100 dollars. So 350-100=250. Plus, the 120GB hard disk is going down $30 to $150. So, doing the math, i'd say that when the separate 60GB hard disk (not 360) releases in October, which is also when the 120GB hard disk lowers its price, the Arcade will become $250 and Elite will become $400. Just my .02

Of course, the 60GB hdd will also include Xbox live stuff, so maybe the $100 is not only for a hard disk. Yeah, it also means that XBox live gold aint becoming free this E3. Craps.

I'm still holding out for 45nm xbox 360's before I take the plunge. I used to have a 360 but sold it because it's way too noisy. I'm happy with my PC and PS3 for now.

Has hard drive space become the "bits" of this generation? Trying to fool uninformed shoppers into thinking whichever system has a higher gig must be better?

omg whats with all this hating on the xbox? well first you need to own a 360 before you start bashing it, and second, i just want you to play CoD or grid or GTAIV and then go back to dreamcast. you will be amazed.

i love my xbox. online is solid and is the best feature on it, gamerpoints rock, and the games just get better.

im sorry to say but a great majority of people on this blog dont have an current gen system and are bitter because of it. dont hate, all u 12 and 14 year olds, soon u will have jobs and more time to play these awesome titles your missing.

Actually, the rumors date back to March, not June.

Pretty bizarre. Then again, I bought an Elite a couple months ago, so at least my own investment hasn't lost value.

It's funny how the 20GB Hdd alone is still $100. WTF is MS thinking? That thing should be $5

FIRE SALE, everything must GO!
Seems to me SONY was on to something last year.
They better drop the price of the 60 gig to 300 for the holidays, i want one and they better bundle some games.

This is why buying your console at launch is all including stupid ¬_¬

amazon.com has the Elite (120GB) for $399. Not sure is its a limited time offer.

So the only update is a hard drive? How about they add built-in Wi-Fi or something?

How many goddamn SKU's does M$ want? Retarded.
And someone kill the arcade unit already....it's completely worthless.

anyone else think that 4 SKUs is going to get really confusing really fast?

Consumer :"Hello I'd like an Xbox 360 for my son"
Sales guy: Ok which version?
Consumer: Version?
Sales guy: yea theres the arcade, the pro, the 60gb and the elite
Consumer: whats the difference?
Sales guy: Price and the harddrive
Consumer: What are the harddrive sizes
Sales guy: no HDD, 20gb, 60gb and 120gb

and at this point you see how trying to get a 360 can become a long ordeal or questions and answers.

STOP WITH ALL THESE SKU'S ALREADY!!!!! Man, this is getting out of hand (for both Sony and Microsoft.) I would hate to be the guy in the conference room always changing up ideas.

Eh, the Elite still selling for 450 doesn't make any sense; $100 gap for an extra 60 GB?

Put the 20GB HDD on the Arcade. I hope that is what they are planning to do once all the 20GB Pro Consoles are off the market. Continuing to have no HDD is a burden on Microsoft because it limits access to many of the services that they would love to get money for, specifically Xbox Live Arcade and Video Marketplace. Come on Microsoft. Do the right thing and kill the Arcade, or at least shove the 20GB on it. The only repercussion may be that your Memory Card sales would plummet, but in actuality I don't see those getting bought all that often.

And I bought the Arcade two months ago for $280, Microsoft, now let me buy the 20gb HDD for $20. : (

Yay time to go get my $50 from BestBuy... I love 30 Day price protection!

They're saving the Arcade price cut for Thanksgiving.

Bet you'll see clearance prices on it of $199 and then it will go away.

Yea clearance sale!!

MAN THIS IS BS DEY SHUD COMPLETLY PHASE OUT THE ARCADE MS STOP SELLING CRIPPLED CONSOLES

Lets face it: The 360 is 2 XBoxs duct taped together

THat's great for all those who DON'T have a 360 yet but...

WHERE'S THE PRICE DROP FOR THE HARD DRIVE ONLY MS? I want that 120gb but I ain't payin' $179 for it!

It seems to me that Microsoft may be exploiting a practice that Sony is using. That is reduce pricing of one model, while introducing another model at the previous price point.

Reducing the pricing on existing models was necessary, but if they introduce another model at the same price point, then what was the whole point? In Sony's case, they're having to play these games, so they can recover costs. In reality, the console isn't going down, but the model they're offering keeps changing. It's kinda a classic bait and switch. Basically the manufacturer is cost costing by using lower cost components.

I still say, as I have always said, the lowest end 360 should include a 20GB hard drive, and it should cost the same as the Wii. Why let Nintendo have total control over the lowest end price point?

Also, I think a $50 price cut is a bit of a mistake. Microsoft did two $50 prices cuts over two years. It almost seems insignificant. I think they would have receive a lot more notice had they just instead performed one $100 price cut. The price cut should have occured before the release of a major title, such as GTAIV, to help boost sales along with the title. That was a missed opportunity by Microsoft.

I really would have liked to seen Microsoft better differentiate themselves in pricing in comparision to the PS3. That they offer a high end model close in pricing, I think helps Sony. For a little more you get a Blu-Ray player.