It’s been rumored for weeks now that Microsoft would be slashing the price of the Xbox 360, and it’s finally been confirmed. Starting tomorrow, the Xbox 360 Elite drops $100, down to $299. The Xbox 360 Pro drops $50, down to $250, but that is while supplies last. Once they are gone, they are gone. The Xbox 360 Arcade will remain at $199. Going into the holiday season, that gives consumers two choices for the Xbox 360 - the $299 black Elite console, and the $199 white Arcade. This brings the Xbox 360 Elite in line with the $299 PS3 Slim at first glance, but of course, the Xbox 360 doesn’t have Wi-Fi built-in (that’ll cost you an extra $100,) nor does it play high definition physical media out of the box. Still though, it’s $100 less tomorrow than it is today, and that’s always a plus. You can pick one up over on Amazon.