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Price will be officially dropped at e3. At least everything points to that.
Actually, I'm thinking they'll do a price drop to coincide with Destiny's release in September, rather than any sooner. It's a game that appeals to a large portion of their fanbase (and gamers in general) and they will likely want to get/keep as many people playing on Xbox as they can.
I HATE seeing incorrect information, regardless of whether it is my preferred system. PSN: Rybal_81