Microsoft has confirmed that they will be selling the 20gb Xbox 360 for $299. This price cut comes to no suprise as Microsoft is set to release a 60gb model of the Xbox 360. Microsoft is still trying to sell more units than Sony and the PS3. Correct me if I am wrong, but I think I read somewhere that Sony is selling more units that the Xbox 360. I also do not think that sony can afford to have another price cut on the PS3. They have already tried to match Microsoft's cuts, but just connot keep up on the price.
