Hurry and get on a plane to Japan to get some cheaper XBox 360. Microsoft is going to cut prices for the Japan market and they are willing to go 30% cheaper on current model. How low will they go in order to compete against others?

Well let’s see, the Arcade model will sell for 19,800 yen or $183 which is 8,000 yen or $73.92 lower than before. The 60GB drive model will sell for 29,800 or $275 which is 5,000 or $46 lower than the current 20 GB model. The Elite model packing a 120GB drive will see a drop of 8,000 too, from 47,800 or $442 to 39,800 yen or $368.

The new prices will be lower than the Wii and the PlayStation 3 once they will be available starting with September 11th. Hopefully Microsoft will pull the same stunt in other markets too.