Pre-E3 rumor of a $100 price drop looking more solid

[icelt]

To no one's surprise I assume. It'll be interesting to see the impact of this move, with only a $50 drop will it see the same kind of sales leap that the PS3 did?

http://gizmodo.com/gadgets/rumor/walmart-ad-has-xbox-360-price-drop-coming-august-8th-283570.php

Walmart Ad Has Xbox 360 Price Drop Coming August 8th?
Without seeing the alleged Walmart ad with my own eyes, this is still in BIG RUMOR form. But according to a very small picture (bigger version after the jump) that has been floating around online, the Xbox 360 Premium may be dropping $50 to $350. UPDATE: More unconfirmed intel informs us that the drop is for August 8th ad. That lines up with rumors we heard before.