It's not just the Premium system getting its price axed. Just like the flyers promised, the Xbox 360 Core will drop $20 to $279 while the Xbox 360 Elite (which should now actually be available in stores) will see a $30 drop to $449. In a brief chat with Microsoft's Aaron Greenberg, we had a chance to ask about some of the lingering questions surrounding this price drop. Greenberg was quick to point out this decision was timed to coincide with the launch of Madden and not any cost-cutting measures on their part (read: 65nm processors); however, they wouldn't cite specific details on the components. The Premium console is seeing the largest price reduction since it enjoys the largest percentage of sales, at 80% of all Xbox 360 consoles sold. Specific bundles, like this Table Tennis bundle, are retailer specific and not "channel-wide" according to Greenberg, so don't expect to walk into any old box store and pick one up (that one is Circuit City specific).