256w ago - The latest rumor in the soon to be released issue of EGM (August, 2008) speculates that Microsoft is set to announce a huge price cut on Xbox 360 SKU's this fall.
This rumor comes courtesy of Clinton514 @ GAF.
No other details were given, but it's a well-known fact that Microsoft is aiming to appeal to a more casual gamer market... and by dropping the 360's price by a considerable margin it seems like the most logical step.
Time will tell for sure!
Stay tuned for more PS3 Hacks and PS3 CFW news, follow us on Twitter and be sure to drop by the PS3 Hacks and PS3 Custom Firmware Forums for the latest PlayStation 3 scene updates and homebrew releases!