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Xbox 360 HD-DVD player drops to $179, adds five free movies to the mix

Microsoft has announced a price drop for the Xbox 360 HD-DVD player from $199 to $179, effective as of August 1st in North America. Appearing at Comic-Con in San Diego, the announcement was made amidst promotion for the HD-DVD releases of the film 300 and the cheerleader epic, Heroes.

Not content with just a twenty dollar dip, Microsoft has extended Toshiba's "Perfect Offer" promotion to Xbox 360 owners, awarding five free movies with purchase. The hard part now is choosing between Casablanca and The Dukes of Hazzard.

Naturally, the Xbox Live Marketplace wasn't left out in all this news as 300 will be making its way to the service in HD on August 14th, while free content for Heroes will arrive sometime before its HD-DVD release.

[Thanks, Devwi!]