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Posted on June 30, 2008, Chris Rumor: Xbox 360 Price Drop is Real, 60GB to Replace 20GB SKU

Last week, we reported on a purported K-Mart circular ad that showed a price drop on the Xbox 360 Premium, Microsoft’s mid-range console that packs a 20GB hard drive. The page looked real enough, but with Photoshop these days, you could make a convincing photo of a massive Oreo being erected in New York City. That rumor has gotten a vote of confidence from an anonymous source that has contacted Ars Technica claiming that the 20GB price drop is real and is part of a move to discontinue that particular SKU in favor of one containing a 60GB hard drive.

The source, whom Ars Technica refers to as being “usually trustworthy,” forwarded the following communication to Ars: “At E3 Microsoft will make an official announcement that we are dropping the 20GB pro console to $299… As we launch the 60GB SKU throughout July, the 20GB SKU will DISCONTINUE. You will see the new SKU on your 7/1 price list.”

As I said regarding the original rumor, I’d wait to see if this is true before buying a 360. If you can get a bigger hard drive or save some cash, why not do it? Unless you’re dying to play Guitar Hero: Aerosmith or Hellboy: Science of Evil, there’s nothing releasing right now to warrant buying a 360 right this very second.