Xbox 360 Price Cut In U.S. Finally Officially Official

We've all known it was coming for about a month now, but Microsoft has finally made it official. The Xbox 360 is getting a pretty massive price cut here in the U.S. starting on September 5th, 2008.

• Arcade - $199
• 60 GB Pro - $299
• Elite - $399

For official word, see Major Nelson.