REDMOND, Wash. — Aug. 27, 2009 — Xbox 360 today invites you to experience more fun, more entertainment and more ways to connect with friends and family at an even better value. Beginning Aug. 28, the price of an Xbox 360 Elite console will drop by $100, now priced at just $299.99 estimated retail price (ERP) in the United States. On top of that, the Xbox 360 Pro console will now be priced at $249.99 (ERP), reflecting a price reduction of $50, while supplies last.More on Xbox 360's new low price