Revolution Confirmed to be Cheaper Than Xbox 360 Core Unit - No Surprise

In an announcement neither likely to set the world alight, or possibly even cause much of a ripple across the foamy white waves of the internet, Satoru Iwata has revealed that Nintendo's forthcoming Revolution won't be as expensive as that there Xbox 360 Core thing.

Speaking to Yahoo Japan, Nintendo's president reiterated once more than the company's next-gen console is set to land on shelves at a price point below that of both Sony and Microsoft's fancy offerings - specifically sighting a sub-299 USD price tag.

Given that rumours of a super-cheap Revolution have been cascading through internet quarters for some time now, the news hardly comes as a stunning revelation. However, this is about as close to an official price announcement as we've had from the company up to this point so, you know, it's news of a sort!