Microsoft cuts Xbox 360 prices in Europe article

If you have not heard Microsoft has cut the price of the Xbox 360 in Europe, which makes you wonder will be seing a price drop on this side of the pond?

From the article;

The reductions come as Sony Corp's PlayStation 3 appears set to capitalize on the company's recent victory in the high-definition DVD battle and on a slew of highly anticipated new games hitting the market this year.