New XBox 360 'Arcade Console' announced - $279

[Dire]

Microsoft has finally verified and announced the 'Arcade Console' version of the 360. It's a replacement for the old core system, and a huge improvement.

Includes:

-256MB memory card
-Wireless controller + charger
-HDMI support
-5 free Live arcade games ( PAC-MAN Championship Edition, UNO, Luxor 2, Boom Boom Rocket and Feeding Frenzy)

That now puts a 360 with a decent setup within $30 of the Wii. Will be interesting to see how this one pans out.