The only truly new console we'll see this year is the Wii U at the end of November, but that's enough to drive price cuts. From tomorrow, Microsoft will cut the official pricing on its Xbox 360 hardware.
The basic 4GB Xbox 360 falls to $199 (down $50); a bundle including the Kinect is $299 (down $100); and the 250GB model is $299 (down $150). There are also price cuts for the standalone Kinect (now $149, down $50) and "limited edition" consoles (now $399, down $50).
As ever, most retailers will slightly undercut the RRP or offer their own bundles with other hardware and games. The pricing puts $150 between the basic Xbox 360 and the entry-level Wii U.