Rumor has it that Microsoft is getting ready to cut Xbox prices this September. The plan is for the basic Arcade model to go from $279 to $199, while the Premium and Elite versions will also be cut by about $100 each. Does this mean that Nintendo will finally have some true competition price-wise? Oh boy, I smell a real console war brewing, and right before the holiday season! Of course, this is rumor for now, but Microsoft hasn't denied it, so that's a good sign!
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