It wasn't any secret that the Xbox 360 was getting a price cut in the next week or so, and now it's official -- Major Nelson just confirmed that as of September 5th, the Arcade will be $199, the Pro will be $299, and the Elite will be $399. No motion controller, goofy Live starter pack, or tweaked controller to be found, but we're not arguing with price cuts.

Update: Here's the Microsoft press release.

Live at CEDIA 2008: bring on the pixels