Today Microsoft confirmed that the budget “Arcade” model of the Xbox 360 will be priced at $200 from this Friday. That is an $80 dollar saving on the previous price of $280, bringing it well under the price of the $250 Nintendo Wii.

The standard and Elite versions of the Xbox 360 models will also be reduced by $50 each.

As of yet there is no news on price drops of the Xbox 360 in the UK or Europe.

Microsoft is obviously thinking that they can boost sales with a sub $200 price tag.

So will Nintendo and Sony follow Microsoft’s lead and reduce their console prices? Only time will tell, but there is only one winner here and that is the consumer.

What out for further updates on WiiFirst.net

WiiFirst Editor Note: There are now a number of Wii downloads sites and you can click here to see our review of the top 3.

Free Wii downloads is of course what all Nintendo Wii users want, but when you try to get them on free P2P networks it will in many cases end up in a mess in your computer. When you visit unsecure P2P networks to get your free wii downloads you have to be very careful about what you’re downloading. Many of these sites are full of spyware, adware and nasty viruses that will infect your computer if you don’t really know what you are doing. 

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