Xbox 360 European price drop

It was just announced that starting this Friday, the price of the Xbox 360 in Europe will be dropping.

Lets cut to the chase with the old and new prices*

Xbox 360 – was: 349.99 / 249.99  now: 269.99 / 199.99
Xbox 360 Elite – was: 449.99 / 299.99  now: 369.99 / 259.99
Xbox 360 Arcade  was  269.99 / 199.99 now  199.99 / 159.99

Again, these new prices will be effective in Europe from this Friday, March 14th. 

 *Estimated Retail Prices

Edit: Added link to press release