Xbox now $149 - For some reason Paris Hilton is involved

There was some speculation about this about a week and a half ago, and now it's official: beginning tomorrow Microsoft is dropping the price of the Xbox down to $149, just half of what it cost on its debut. The big speculation now is that Sony will follow suit and cut the price of the PlayStation 2, as well. And for some reason Microsoft included this picture of Paris Hilton carrying an Xbox bag with their press release. Not that we're complaining, or anything.