You have probably heard it already, but the Xbox 360 has dropped by up to 80 Euros in Europe (derr). It is now cheaper then the Wii. Don’t expect those prices to live long though, because the rumoured 60GB Xbox is coming, and you can expect that to push the price up again.

For more info, click over to Engadget.

Come December the 2nd and the Xbox 360 will be able to do what both the Wii and PS3 have been able to do for months. The 360 will get a dashboard update that will allow it to download and play Xbox 1 games. The games currently announced are Fable, Indigo Prophecy, Crimson Skies: High Road To Revenge, Crash Bandicoot: The Wrath Of Cortex, Burnout 3, and Halo: Combat Evolved.
The advantage that Microsoft has is that the Xbox 1 is a lot newer console when compared to the PS1 games you can get for the PS3 and the N64 and older you can get for the Wii. That also touches another problem though. The Xbox 1 had a DVD drive, so games were relatively large compared to the older generation consoles. This means you been have very fast internet and the Elite model (for the 120GB storage) or you may be up the creek. I guess in the end the deal breaker will be the price it costs to to buy the games.

For more info, click over to the Joystiq Blog.

I said that Halo 3 did well with $US170 Million in the first day. How would it sound if I told you they have now surpassed $US300 Mill in the first week? They have, and all you can do is hand over your cash to get a copy. With 40 million Live hours of online play in that first week period, Bungie must have done pretty well with this one.

For more info, warthog over to the DailyTech Website.

We all knew it was going to happen soon enough, but what exactly is going to change? Well rumor has it that it is simply a smaller drive size of 40GB instead of the better 80GB. Another rumor says that this could be the model to compete with Xbox 360 and the Wii, aimed at the lower price and may even do away with the Blu-ray. I don’t see this as a reality. Consider the price drops of HDDs that constantly happen, and consider the fact that Sony loves their Blu-ray. There is definitely a new model coming and I will give you an update when I get a rumor that makes sense.

For more rumors, criss cross over to the The Register Website.