The chatter surrounding a possible Xbox 360 price cut got a little louder today, as several news outlets have picked up on an anonymously-sourced Hollywood Reporter piece claiming that Redmond will drop the 360 Pro's price to $299 sometime before E3. That jives with all those leaked ads that hinted at a July 6th date, so we'll see soon enough -- and we'll bet you that extra $50 the $279 360 Arcade sees some price cut love as well.

[Thanks, cbost]

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More Xbox price cut rumors swirl