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

It's about damn time. For those that have been holding out, it's time to graduate.

I think it's great MS cut the price on the 60GB HDD. It's still ridiculous, but it's less ridiculous.

But this isn't a price cut, it's a clearance sale, just like with the PS3.

MS was smart to make the hard drive bigger, as the primary use for it is to hold content they sell you. So giving you more space now means more revenue for them later.

I think, as these consoles bridge the gap more and more with modern computers, we will see more of this "bait-and-switch" multi-skus. The consoles this generation are not modest in system power by any means, excluding the Wii of course, and, imho, are a bit overpowered then what was really needed. If you look at the specs of a PS1-PS3 you'll find a HUGE leap in performance between the PS2 and PS3. Why? Simply put, it was an arms race.

Do to this, Sony, and Microsoft, lost a substantial amount of money. While game sales helped aid in restoring this lost money, it still was a matter of "who had the biggest specs for the price point" between both consoles. Eventually, this will degrade down to a "who has a bigger HDD, who has the most features, who is closer to a computer" than that of other generations.

As for the Wii, I assume we will start seeing loads of bundles with it once it stays on store shelves. I've seen it a few times on shelves already, so I assume sometime between spring 09 and summer 09 the stock of Wiis MIGHT be more visible to the common person. Eventually colours will come and, well basically all you have to do is look at Nintendo's market plan with the DS Lite.

tl;dr: Sony and MS make strong consoles and envy computers; Nintendo soon to make their money-printing machine in new colours. Expect more of the same in the time to come.

I believe that is why Nintendo won't announce Wii colors (or the long awaited Black Wii) this week. They have no reason to (granted, they never had a good reason to not introduce multiple colors, its not a stretch of manufacturing resources)

What, no snide remarks from 'stiq staff on this clearance sale?!

http://www.joystiq.com/2007/07/14/ps3-60gb-is-not-a-price-drop-its-a-clearance-sale/

so did they fix the rrod in this new version?

So is this like what happened with the 60gb PS3? Are they just phasing out the 20gb and lowering the price or they just going to confuse people even more keeping 4 SKU's?

I think they should put a clearence Sale on the Arcade too drop it to 230-50 and then drop the Elite to 400!

Still a total piece of crap at ANY price, bought by the most brain-dead morons ever to walk the Earth.

'Nuff said.

The Arcade is pretty much garbage no matter what they include with it.

MS: Memory cards don't sell anymore so why is the Arcade still around especially since the games included are completely wasteful they aren't even the best the XBLA has to offer.

Hmm. I should buy one.

Tell me Burnout Paradise is ANYTHING like yesterdays games and I will eat my hat. If i owned one that is.

No Jasper next month? :(