Guess Who Joined the Party?

Since the PS3 cut its price and weight down to $299, the Xbox, after several weeks of persistent rumors, is too.

The console with the longest warranty ever is phasing out the Pro model and bringing the black-colored Elite model to the fore which is good news for those holding out for the console.

Thing is, Microsoft still has the red ring of death issue, and the Elite model doesn't even have Wi-Fi. If you want Wi-Fi, you'd still have to pay another hundred bucks, but on the flipside, there's Xbox Live... which isn't free either. And they're removing the HDMI cable... why?

Now that I think about it, the PS3 still has better value even with the 360's new price cut.