The rumors were true. Just as PlayStation 3 Slim hits shelves, Microsoft has confirmed price rejustments to its various Xbox 360 units. The Xbox 360 Arcade unit remains at $199.99, but Microsoft is dropping the price of the 60GB Xbox 360 Pro to $249.99 until supplies run out, with the formerly $399.99-priced Xbox 360 Elite (with a 120B hard drive) assuming a new $299.99 price point.
All of the adjusted prices will begin Friday.
Sony seems to have lit a match under Microsoft. What do you think of the response?