If you had any doubt whatsoever that the Xbox 360 wasn’t in fact going to drop in price, you’ll have some hard arguments to make. Joystiq has compiled a photo gallery of all of the previous $299 rumor sources that almost make you wonder why Microsoft hasn’t admitted to the decrease in price already.
The new price-point puts the premium Xbox 360 in an interesting place between the Wii and the PS3. Consumers faced with the option of a $250 Wii and a $300 Xbox 360 with a hard drive, component cables and wireless controllers make the Wii and even harder option to consider, especially with the growing popularity of Xbox Live Arcade. The PS3 still has its advantage of being a Blu-Ray player, but the extra $100 can still serve to dissuade potential buyers.
Although there isn’t any news of the Arcade model decreasing in price, I would have to imagine that it will soon be continued in favor of the hard drive-equiped model. We may get more information from Microsoft during the week of E3.
As we patiently wait for Microsoft to acknowledge the $299 Xbox 360 price drop, we’d like to thank everyone who helped by sending us information. We’ve put together the gallery below to store all the (non-duplicate) images we’ve received about the markdown.