Ahead of 2008's Electronic Entertainment Expo (E3) speculation is rife that Microsoft is about to cut the price of Xbox 360 consoles in North America. None of this has been officially confirmed yet, but it's fair to say that when the Wall Street Journal joins the rumour-mongering, we can't be too far from the truth. The WSJ cites sources who say Microsoft is about to slice $50 off the price of the 20GB Xbox 360 Pro, bringing it to $299.