Mole sez Xbox 360 price cuts coming in September: Arcade for $199

Microsoft's 20GB Xbox 360 Pro already stooped to $299, but one particular mole -- the same one who correctly called the 60GB edition of the console -- is suggesting that further slashing is in store. To be specific, we're talking about a $199 Arcade (no HDD), $299 Pro (60GB HDD) and a $399 Elite (120GB HDD), all of which should be available at those prices sometime next month. Furthermore, it's likely that Microsoft will toss out a few bundles in order to reel in the holiday shoppers, though details are sparse about which ones we'll be seeing. Our take? Hold off just a bit -- we get the feeling this here is more than hot air.