Game console price wars begin

August 27, 2009 3:11:47 PM PDT
Let the game console price war begin. And it couldn't come at a better time, just months away from the holidays.Microsoft is slashing the price of its X-box 360 Elite from $400 to $300. Its X-box Pro Model will go for $250, down from $300.

Just two weeks ago, Sony lowered prices on its Playstation-3 consoles. Only Nintendo has left prices on the Wii the same, at least for now.

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