Microsoft Pronounces Xbox 360 Price Cut Official (PC World)

PC World - You knew it, we knew it, and now Microsoft's officially confirming its highest-end Xbox 360 will indeed price-parry Sony's slim-sized 120GB PlayStation 3 at $300. The news is breaking as I type this, so details are pretty basic, but Microsoft's Larry "Major Nelson" Hryb writes that the pricing takes effect tomorrow, Friday, August 28th.