Deep Euro XBox 360 Price Cuts Coming?

The internet is aflame today with rumors that all versions of the 360 will get a €50 ($76) price cut in Europe by March 14th—which would make the Arcade system cheaper than the Wii in the UK. With any luck this could be a sign of things to come in the US. [ via Kotaku]

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Could this be the holy grail price 199/299/399 we've been waiting for? Will the PS3 respond with a 299/399 price? Will the Wii bring its price down to 199 in response to all this to avoid being a middle priced console? Find out next time on DRAGONBALL Z!