- As previously reported
, today the sales ads for the first week of September at Walmart, Gamestop and Meijer show the Xbox 360 Elite priced at $299 and replacing the current Pro SKU which Microsoft is phasing out.
has managed to get a leaked photo of the Walmart ad as you can see below.
To quote: "In a move obviously designed to offset Sony's recent PS3 redesign and price drop, the $299 price point will take effect on the same day as the new PS3 launches - September 1st. The Arcade SKU will remain at $199."
Expect an official Microsoft announcement soon...