Radioshack Flyer Indicates Xbox 360 Price Cuts on Elite, Arcade Systems

The price cut rumors we've been hearing for September look to be gathering even more steam, as this Radio Shack ad shows drops to $399 for the Elite system and $199 for the Arcade. That's down $50 on the Elite and $80 on Arcade, making your choices a nice smooth progression of Benjamins—$199/$299/$399. The drops are rumored to hit early next month. [Joystiq]