You might have read all over the net today that Microsoft plans to cut Xbox 360 price by US$100. Now didn"t we read this exact rumor like two months ago? Yes we did, what happened today is the classic "big site post old rumor, nobody else bothers to check the source, and you already know the rest of the story..."

If we go to the source of todays price drop rumor we see that Digitimes.com posted this Wednesday 26 July 2006

I have made similar mistakes several times myself, but now that I noticed I thought I"d just clear this one up.

Note: This old rumor could still be true though, but personally I doubt it.