Console War Update

Microsoft has dropped the prices of the XBox 360 in an attempt to remain competitive with the PS3 (as I had predicted in January). The new price for the 20GB Xbox is $299, which is $100 cheaper than the cheapest PlayStation 3 (40 GB). However, an XBox 360 + standalone Blu-Ray combo will cost you at least $100 more than a PS3.

In the meantime, the end of the Hi-Def wars have seen accelerated sales of the PS3 vs the XBox 360, with the PS3 now outselling the XBox.