Microsoft Prepping £199 Elite

According to VG247‘s trusted UK retailer source (ooh, who could that be?) Microsoft are about to cut the price of the Xbox 360 Elite making it just £199 from Friday.  These rumours have been circling for as long as we’ve known about the new PS3, but as far as I can tell this is the first concrete details of specifics, including the discontinuation of the Pro 60 GB model, and with the Arcade £159 console losing the Sega bundle and going solo.

This is, we assume, in direct battle with Sony’s PS3 price-cut last week meaning that the PS3 is still the most expensive console on the high street despite being a good £175 cheaper than when I bought mine at launch.  The Xbox 360 Elite, which is now the same price as a Wii (astoundingly) will also be available from GameStation with Call of Duty 4 and Fight Night Round 4 bundled for the same price, making one hell of an introductory package for anyone tempted.

And in one final, killer move, apparently you can bag yourself one of the aforementioned Elites for just £20 if you trade in your PS3.