Last time we heard about the Xbox 360 price drop, it was last month and they dropped the price to a whooping $299. Now is the time for next price drop. Microsoft wants to kill the Sony’s Gaming console by selling 360 at damn cheap prices.We have been hearing that Xbox 360 Arcade’s price will be dropped to $199 on September 7, 2008. They were no details on whether the Elite or not the 60 GB version will see a price drop or not. But we think that they will. Microsoft really should work on making the Xbox 360 better that to lower its price.

Here are some details of the much talked New Xbox Experience.

• You can play games from the hard drive which will work fine for Multi-disc games.
• You need to keep the disc in the drive the entire time of installation.
• The alerts look the same. They look sharper, cleaner but the sound is the same.
• Yes, you can still use your GamerTag Pics and your themes now.

The rumors of this consoles price drop were coming from the Mid-June until the previous month, when it was nearly confirmed by all major retailer by dropping the Price of Xbox 360.

It has been recently revealed that Grand theft Auto IV has helped the U.K. economy in month of April. This is just to proof that Video Games can really help improve economy of a Country. According to the reports recently revealed by U.K. Office for National Statistics, retail sales in the country only dropped by 0.2 which is much better than the 0.5 drop economists initially had predicted. When this game’s first day sales in the U.K. hit 609,000 copies, everyone would have predicted that there was a lot of potential in this game. But no one would had thought that it would be a major cause in improving the overall economy of a country like the U.K. We should congratulate Rockstar for creating such a rocking game.

Capcom, the company behind many big games including the Street fighter series has announced that their latest offering “Street Fighter IV” is going to be launched for PS3, Xbox 360 and PC later this year. They had recently given details about the new addition to street fighter series but failed to tell where we would be able to play them.  The graphics of Street Fighter IV look promising and with due launch in winter, this is really going to be a big hit like its predecessors.

UK’s X360 magazine has published some more details about the Gears of war 2. Gears of war 2 is going to be 5 times bigger than its predecessor – Gears of war. As seen from the Game play trailer of Gears of war 2, there are many more things improved in this game than just the graphics. This game will come in two editions, one the full version and other the Limited edition. You can download the HD Video Trailer of Gears of war 2 or watch it over at YouTube. See for yourself this game has got for you. As far as I predict, this game is going to be the biggest game released ever for XBox 360. Let us keep our fingers crossed and check out the game when it is launched in November this year. For now, Pre order your copy.

Gears of war has been a big hit from Microsoft. This game will be getting a refreshing next month on 24th of June. This game is to be launched by Microsoft and Epic. The MSRP is dropped to $39.99 and content that was not available at the retail level will be added to the disc. As we all know, the Gears of War 2 will be launched later this year in November, so this will be a refreshment for all the Gears of War lovers. The GameStop is already taking Preorders so order your copy today.
PS: This is disappointing that it will be XBox 360 only.