Gamers Hesitant About Xbox 360 Price Points?

Joe Jimenez and Benito Flores are avid fans of Microsoft's Xbox video game console. And they're both eager to see the latest model slated to hit stores this fall.

Yesterday, they discovered they will have a choice, as Microsoft announced it will make two versions of its new console -- the Xbox 360, priced at US$399, and a stripped-down version, the Xbox 360 Core, priced at $299.

It marks the first time a gaming console has been introduced at a multiple price point, something common with other electronic gadgets. Analysts said it is a good strategy by Microsoft in its battle against Sony, the reigning champion of home video game systems.

Hey guys im back :-)

I leave for one week and microsoft makes the worsed decision ever.

I will never buy that system $299 for a stripped down 360, with no backwards compatibility or hardrive or wireless controllors! what a freaking rip off and $400 for a fully packed system.

Please buy PS3, wait the extra time it will surely be worth it!
Plus you will pay $500 and get bigger games, equal or better graphics, and a brand spanking new blu-ray player!