According to our main homeboys / homegirls at GameDaily, Microsoft has confirmed that it's dropping the price of that big, delicious Xbox 360 hard drive from the dizzingly high $179 to a totally thrifty $149. According to a Redmond rep: "We reduced the price of the Xbox 360 120 GB Hard Drive to $149 in conjunction with the recent Xbox 360 console price drop. We believe this offers consumers even greater value when selecting accessories that meet their individual gaming and entertainment needs." Hey, no need to explain -- we like things to be cheaper.

[Via Joystiq]

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Microsoft votes 'yes' on Xbox 360 120GB hard drive price cut