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360 to Get Price Drop at E3?

It has been widely rumored that Microsoft will cut the price of the 20 GB version of the Xbox 360 ahead of the holiday season.  According to scans of a K-Mart circular released on the forums at High-Def Digest, we may see a $50 price cut following E3.  That would bring the console from $349.99 to 299.99 MSRP.

Keep in mind, the price cut rumor remains just that, as Microsoft has refused to provide confirmation.  If there is going to be an announcement, look for E3 to be the place where!

6/27/2008 1:16:52 PM MST

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