Not only this, but Microsoft is slashing viciously the price of existing Xboxes. From Yahoo:
Alternatively, Microsoft is cutting prices of the existing Xbox range to $149 for the basic Arcade model, and $249 for the upgraded Elite. It's unclear whether that's a time-limited clearance offer, or if it'll be permanent -- but if you want to snag a cheap Xbox, and you're not too bothered about getting the brand-new Slim, this could be your chance.Microsoft is pretty market-savvy. A new Xbox, old-design, but still new ones priced less than Wiis, along with other surprises at E3 make Microsoft a tough act to follow.
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