Sony PS3 price cut, Xbox 360 price increase

As we countdown towards GamesCom 2009 which starts later on today, we have heard even more details of price cuts to existing Sony PS3 SKU’s, as well as a price increase (yes, increase) to the Xbox 360 Arcade bundle.

Over at Engadget, they have posted an image which shows the 80GB and 160GB PS3 systems discounted by $100 each. Thinking back to previous months when a ‘lot’ of fuss was made about incoming price cuts, it seems as if Sony are dropping all their bombs at once this week.

On a side note, Pocket-Lint reports that Microsoft have decided to up the price of their Arcade Xbox 360 bundle from £129 to £159 ($260). On top of that, the 5 bundled XBLA games that came with the package, will no longer be available.

Rather strange from Microsoft, don’t you think? Theres obviously a good reason behind this though, so maybe they are preparing something special, just like Sony and their PS3 Slim.

Let us know what you think of the news.