GameDaily is reporting that the $50 price drop on the Xbox 360 is now official. That's for the premium SKU, different boxes have different drops: "The Elite SKU (120GB) has been slashed by $30, bringing it down to $449.99, and the Core SKU now has an MSRP that is $20 lower at $279.99. All prices are effective August 8th. In addition, the special Halo 3 themed Xbox 360 that was casually mentioned by Peter Moore at this year's E3 Microsoft press conference has been assigned an estimated retail price of $399.99. The Xbox 360 Halo 3 Special Edition Console will arrive in stores this September and will feature "an authentic Spartan green-and-gold finish," a matching Xbox 360 Wireless Controller, Xbox 360 20GB hard drive, Xbox 360 Headset, an Xbox 360 Play and Charge Kit, and more."