Microsoft has made last week's Euro XBox price cut rumors official with an 80 euro ($122) price drop across all SKUs making the Arcade version 200 euros ($307) and the high-end Elite to 370 euros ($568) while price drops in the UK fell between 20-50 pounds ($40-$100). [Reuters]
Not to mention those prices are with taxes in, too. (One of the nasty things that always catches people doing price comparisons... Europeans are used to the tax being built into the cost of the product, and North Americans are used to taxes being extra. Always fun when comparing prices and realizing that the 17% tax plus import duties are in the price...).