The price drop is expected on August 12th and appears to have been "confirmed" via catalog price scans for Circuit City, Best Buy, Wal-Mart, and Toys R US. Microsoft has unsurprisingly refused to comment on the rumour, stating that, "Nothing's changed since last week." In PR-speak, that's a pretty big allowance for wriggle room.
Sadly, don't get your hopes up for a similar discount in the UK. Speaking to Computer and Videogames, Microsoft's official position was, "We're very happy with the price we're at, and have no plans to make any changes at this time." While Australia may yet get lucky, it's probably not worth holding your breath.
Other rumours also suggest that the Core model is likely to be discontinued in the US, with Best Buy having marked the model as "out of stock". Microsoft has previously denied this, stating, "No. Xbox 360 Core remains an important member of the Xbox 360 family." However, as with the circle of life, all things must eventually end. Maybe it's time for the Core to visit the great NES in the sky.


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