Microsoft officially announced a pricedrop for all models of their Xbox 360 console.  The premium model normally at $499.99 has now dropped by $100 to $399.99 which should stimulate sales.  I have noticed that sales have been slowing recently but they are still selling.  The PS3 price drop really did increase sales as they have been selling out recently for the first time since its launch.  This is a good move on Microsofts part.  I really like how they dropped it by $100 Canadian since that will bring us closer to being inline with the American price.  If I didn’t already have a 360 I would be buying one for sure now with this price drop.  There are already a lot of good games out and even more will be coming out this fall.  I just need to buy a new HDTV to enjoy these higher resolutions.