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  Xbox 360 Price cut (now US $199)
Time: 16:21 EST/21:21 GMT | News Source: Major Nelson | Posted By: Michael Dragone

It's official: We've got an Xbox 360 price cut coming to the US. Our friends in Japan announced their price cut earlier this week, but now it's time to roll one out here. As of September 5th, the new prices will be as follows:

Xbox 360 Arcade $199
Xbox 360 $299
Xbox 360 Elite $399

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