In a move made almost mandatory by the recent announcement of the PS3 Slim and a $100 price cut by Sony, Microsoft announced Thursday that the price of the Xbox 360 Elite, the high-end model with a 120GB hard drive, will be dropped by $100 to $299. ... While the Wii's definitely redefined gaming with its innovative controls, Microsoft is quick to point out that the Xbox 360 you buy this year will be compatible with the controller-less "Project Natal." ...

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Tech-Ex: Microsoft Cuts Xbox 360 Elite Price $100

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