The Xbox 360 Arcade console officially debuts.

The Xbox 360 Arcade console combines a High Definition Multimedia Interface (HDMI) connector and 256MB of on-board memory for storing games and entertainment content. It also includes five games previously available only to Xbox 360 users who signed up for Microsoft's Xbox Live Arcade online service - Pac-Man Championship Edition, Uno, Luxor 2, Boom Boom Rock and Feeding Frenzy. A wireless controller is also included. The system has a price $279.99.
There is also changes to XBOX Japanese Market;
Starting on November 1 in Japan, the Xbox 360 20GB bundle will start retailing for ¥34,800 ($306) which is a $44 cut from its previous price. The 360 core system will start going for ¥27,800 ($245) which gives it an $18 cut. Microsoft is also putting out a limited Value Pack for the console for ¥34,800 ($306) which comes with Viva Pinata and Forza Motorsport 2 titles but no HDMI cable.
The price cuts and new models are not only in the Microsoft side. Sony has reduced to price of PS3 and introduced a new model with 40GB drive.
Yet I like to see how WII will beat both of them during the holidays.

Tags: Gaming, xbox 360, PS3, WII, XBOX arcade