If a K-Mart ad from the U.S. is to be believed, then we’re going to be receiving a $50 USD price cut for the Premium SKU of the Xbox 360. A solid cut which will set the new price at $299.99 USD. It will certainly rake in some sales.
No word for Canada yet.
If you’re curious what a K-Mart ad looks like, check the pic below. Thanks to HighDefDigest member Master X for it.