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  Radio Shack ad confirms Xbox 360 price cuts?
Time: 00:18 EST/05:18 GMT | News Source: Engadget | Posted By: Todd Richardson

According to our good, dear, beautiful friends at Joystiq (and Radio Shack, incidentally) the Xbox 360 family is going to be seeing those rumored price cuts in the very near future. Falling right in line with that chatter we heard at the beginning of the month, a leaked Radio Shack circular seems to indicate that there will be reductions across the board for the console, with the 60GB version clocking in at $299, the Elite running you a cool $399, and the Arcade setup dropping to a totally affordable $199 (we're looking at you, potential Xbox LIVE opponents).

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