Last week we reported that Microsoft was planning to kill off the Xbox 360 Pro model, while at the same time lowering the price of the larger capacity Elite model.
The Elite will see its price drop to $299, leaving only two options on the market, the $199 HDD-less Arcade model and the now $300, 120GB HDD Elite.
Of course, "Microsoft does not comment on rumors or speculation," but we know better already.
Pic via Kotaku:











