Reports of the Xbox 360 (what a lame name) are out indicate that the console will be released in the three hundred dollar range. Many people were thinking prices could skyrocket to the five hundred range, so you can spend the extra money on whatever it is you kids do these days. Expect to have your wallets ready for Thanksgiving of this year, which if you think about it, is not to far away.
Source: [url=http://www.gamespot.com/news/2005/05/27/news_6126611.html]Gamespot[/url]