Isaiah's Tech

It's official. Microsoft will be slashing the price on most of their Xbox 360's tomorrow. The Xbox 360 Arcade will stay at $200 USD, the Pro will drop to $250 (down from $300), and the Elite will drop to $300 (down from $400). This price drop will be in effect in the US starting tomorrow. UK will also be getting price changes on the Xbox 360 as well. The Xbox 360 Elite will drop to £200 (down from £230) and the Arcade will actually increase to £160 (up from £130).

By the way, you can check out what Microsoft had to say here.

In somewhat related news, we already knew that Facebook and Twitter support would be coming to the Xbox 360 in the Fall. Well, Microsoft has also mentioned that Facebook and Twitter support will require an Xbox LIVE Gold Membership. That sucks.

Update: According to the latest VG247 post, Microsoft hasn't "finalized" the plans on Facebook and Twitter support, which means that it actually might not require a Gold Membership.

Update on August 28th: According to VG247, this is now official. Microsoft has just said that Facebook and Twitter will be free to Xbox 360 users who have Gold Memberships. Silver users will only have a "free trial" but right now we don't know how long this trial will last.
Xbox 360 Price Drop: Engadget
Facebook and Twitter on the 360: VG247
Picture Source: Cheap Xbox Live Codes