It was rumored a while back ago that Microsoft is going to take a whole $50
off
their current 20GB XBox 360 console. The Microsoft guys have confirmed all that talk just before their E3 keynote which is supposed to o live tomorrow morning.

The 20GB XBox 360 will cost just $299. This move is intended to clear out stocks as the new 60GB XBox 360 will be rolled out. The price for the new model? $349, or exactly the price you need to pay or a 20GB model before. The new console is coming out in August, so if you don’t want to wait it out, you can always get a cheaper XBox right now.

Tags: Portable Devices