I heard on a computer show today that the XBOX and the PS2 will drop their prices before the years end. The host of the computer show ( which is Mr. Net for the french MuchMusic channel ) said that IGM confirmed in their magazine that the prices will be $299 U.S. roughly $315 CAN.
So for those asking when the prices were going to be droped well now they know.
But don't forget that i DID NOT SEE THE MAGAZINE and cannot confirm what he said. But he is a very very reliable source for this kind of information. He's the last guy that would not do a research on news like that before telling his audience.
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