Xbox 360 gets a price cut and smokes out a house

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The Xbox 360 price cuts are now official. Arcade will go for $199,  Standard 360 will go for $299, and Elite will go for $399. Thank god, we can all sleep now. In other fantastic 360 news – a home in Cochrane, Alberta (thats Canada) – was smoked out by its Xbox 360. The homeowner called the fire department and complained about a burning plastic smell, thats not plastic that’s about $300 CAD, that was smoking out the house. After everyone was evacuated the source of smoke was coming from a 360 stored inside a cabinet. There was no actual flame – and seemed to just be an electrical short. pheww thank god….again. Now that is some serious gaming news….a price drop and a smoked out house. [major nelson / Cochrane Times]