I am making this post assuming that you already heard about the 360 price drop in NA: Arcade $200, Pro $300 and Elite $400. This is a statement released by Microsoft when asked about there price cut in relation to the Wii:

“Our position here is that we’re complimentary to the Wii,” he said in an interview this afternoon. “Our strategy all along has been to secure the core in our first couple of years, and I think we’re done a great job doing that. We’ve always planned to broaden the reach to the masses, and we knew that having the games library, having the price point to do that is very important.” – director of product marketing, Aaron Greenberg

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