Xbox Reveal Live Stream

GameTrailers is live streaming the Xbox Reveal Event at 10am PST / 1pm EST – check it out in the video below after the break and let us know what you think!

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Episode 359: Longtime ListenerEpisode 359: Longtime Listener

The podcast is back, albeit on a Saturday instead of the usual Friday. No Gaming Flashback or Gaming History, but a good chunk of news, though some of it only tenuously connected to videogaming.

The news this week includes:

  • T-Mobile now offers app that unlocks your smartphone
  • Analyst: Downloadable titles make up 92% of PC games market
  • Driveclub was delayed due to a ‘huge technical issue,’ says Yoshida
  • NHL 15 will be missing some features on Xbox One and PS4
  • YouTube subscription plan leaks: Offline play, no ads, 20 million songs

This week’s Question of the Week is based on the Minecraft convention scam from last week, which the podcast discusses, “Have you even attended a convention devoted to a game?”

Xbox 360 Price Drop: July 6th?Xbox 360 Price Drop: July 6th?

The new rumor, based on a K-Mart sales sheet, is stating we’re going to see an Xbox 360 Premium price drop this summer (July 6th, 2008). The new price is said to be USD $299, down USD $50 from the last price drop on the 360 hardware.

The sales sheet only shows the 20GB Premium product, but this is probably going to hit all units to keep pricing competitive. This wouldn’t be the first time a price drop has been slipped from a sales sheet for a current generation console and we’re sure Microsoft will deny it this time as well.

This brings the console closer to a Wii price tag, making it much more desirable by the average gamer; will Wii respond with a price drop? More than likely the answer would be “no” due to their inability to keep up with demand. The dry channels for Wii consoles makes the product highly desired but also impossible to promote and market further than saying “we have Wii in stock” because demand is just so high.

Sony will have to watch out, their PS3 product is catching up in terms of hype and demand but a drop in 360 price will yet again put them behind the 8-ball in terms of competitive pricing.

Will you consider a 360 for $299?

(Thanks, 1up)