(adsbygoogle = window.adsbygoogle || []).push({}); Are you still sitting on the fence about the Xbox 360?

Here's some news that might make up your mind: as of Friday, Microsoft is cutting prices across the entire Xbox 360 model line-up, leaving the Arcade edition at $199, $50 cheaper than the Wii -- which has been the cheapest way to get into next-gen gaming since its debut two years ago. The Arcade is the least capable of the three Xbox 360 models currently available, and includes a wired controller and a 256 MB memory card rather than the hard drives found on higher priced bundles.

The price drop sees Microsoft taking aim at the Wii's enormous market share, and with stock shortages still plaguing potential Wii buyers, it might just work -- especially when Microsoft is packing an ever-growing selection of family-friendly games, and planning an imminent interface overhaul that'll make the machine's dashboard easier to use. Retail giant GameStop is expecting the strategy to succeed, too, at least in the short term: the company's senior vice-president was quoted in Business Week as saying he expected Xbox 360 sales to jump anywhere from 1.5 to three times in the wake of the move.

Microsoft's other Xbox 360 hardware bundles received comparable price cuts, leaving the Premium edition (which includes a 60 GB hard drive) at $299, and the Elite (which includes a 120 GB hard drive and a snazzy matt black finish) at $399. Meanwhile, Sony's PlayStation 3 remains the most expansive offering, with the cheapest system in its range retailing at $399.

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I guess now Microsoft is trying to get rid of all the XBOX 360s and start selling the newly coming XBOX console. Usually when a console is at its cheapest price, it means death is coming really soon.

I recommend to the people that want an XBOX 360 so badly, don't buy it. You'll just regret it later. I guarantee you that in 2009, Microsoft will start the hype of the new XBOX even though they claim not too. You do know that Microsoft is desperate for money right? But its your choice. I'm just giving you some advice.

I really don't care about this because I have a PS3. But hey, the XBOX is a great system too. XBOX Live is way cooler than what the PS3 has. Since I'm used to playing games on the PS2, I might as well get a PS3. Everybody has different taste in consoles.

Well, Microsoft might be doing something about all the faulty 360's and putting a new console out there. But the idea they'll make something better than the 360 and not be completely oblivious to the problems it has like the past several years is beyond me.