For those waiting to get an Xbox 360, it looks like July will be your month. According to an upcoming circular from giant retailer K-Mart, beginning July 6 the Xbox 360 will be marked down to an unbeatable price of $299.99.
To many gamers this maybe a smart move from Microsoft, giving some gamers no excuse to get their hands on an Xbox 360. And while the $50 price cut is looking like it is only for the Xbox 360 Premium, if Microsoft took only $20 off the Core unit it would come head to head with Nintendo’s Wii.

Xbox 360 price cut is coming around July 6th, price will be $299.99 [High Def Digest]
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This sucks!!!! they are doing this upgrade and nothing is going to change except we cant use or membership while they mess around!!!!