Seems everything is competing for the budget consumer this season. A trend set by the Apple iPhone and now perhaps being taken up by the Xbox 360. The Xbox had long resisted any sort of price slash despite being beaten black n blue by its chief competitor, the Nintendo Wii.

Now it could be a mis-print but if K-marts catalogue is to be believed a 20 gig version of the Xbox 360 shall be available for $299.99. If true, its the best news that Microsoft has given us in a long time. I would finally consider buying the 360 since at this price, its really worth its value in gold.