What started out as a rogue rumor is pretty much now fact as multiple sources and retailers are starting to confirm the upcoming XBOX 360 Premium Price Cut from 349.00 to 299.00. 50 bones is quite a savings and pretty much pays for a game, extra controller, tons of movie rentals, etc, etc, etc. Glad to see the price drop a little more opening up the console to more consumers and also pushing back at Sony and their small monthly sales victories. With the Premium dropping to 299.00 will the core drop to 249.99 or 239.99? Things that make you go "hmmm".