Remember that Xbox 360 price cut we mentioned a few days ago? Well it appears that the Financial Times Germany is reporting that this Monday, Microsoft will trim the fat from the Arcade and Pro consoles, shaving €80 and €50 off the price tag, respectively. Of course, right now this is still unconfirmed by the boys in Redmond (or in any other official location), though the buzz in the community does seem to suggest that these cuts are coming. Hopefully if these become a reality, the company will break something off for folks on these shores as well -- we need all the help we can get right now.
Update: See that photo above? it looks like that price cut really is happening. Good news for you, Europe.