Can't say we're all that surprised given other sightings, but one anonymous tipster has sent us pics from a local Walmart of the 120GB Xbox 360 Elite in a shiny white package with a back-of-box chart that neglects to mention the Pro models, essentially striking it from the records. It's still scanning at $399 for now, but having seen multiple retailers' print flyers -- including Walmart's own -- quoting $299, the computers very well may be updating just after some official Microsoft announcement, which wouldn't surprise us at all if it happen sometime this week, just ahead of the PS3 Slim launch. Peruse the pics in higher-res format below.
Update: As several readers have pointed out, the back-of-box chart shows the Elite as having standard, presumably non-HD cables only, and there's no mention of bundled HDMI cables anywhere. Also of note is the wording for Xbox Live has changed from "Silver Membership" to "Free." Before you go thinking the premium Gold membership is going away, however, there's a superscript '4,' and if it's like the older box, it leads to a longer explanation on the Xbox Live's tiered plans -- not to mention there's an ad for buying into XBL Gold just under the chart.