FINALLY! After about a week of rumors, Microsoft is finally going to rdrop the prices on their Xbox 360 gaming consoles. Tomorrow is the official day, and honestly, I’m a little excited. I’ve had experience with both consoles. I opted for the PS3 after my first and only Xbox 360 had the “Ring of Death” but with a lower price point, it may be something I may want again.

As for the price drops, the entry-level arcade will still be $200, Elite (black edition) will drop $100 to $300 (from $400), and the Pro will go down $50 to $250 (from $300). Microsoft is looking to get rid of the mid-range Pro, so once stock is depleted, expect only the Arcade and Elite to be remaining. If you’re wondering if the upcoming project natal will be compatible with any Xbox 360, Microsoft assures every Xbox 360 will be compatible. While the prices here in the U.S. are dropping, the UK is another story.

The UK version of the Elite will go down to £200 but the Arcade version will actually go up £30 to £30. No word on why that is but if that was me, I’d opt for the Elite edition. So, now that Microsoft has jumped in and offered a price cut, which console are you going to get; PS3 Slim or the Xbox 360?

(Via CrunchGear)