The price drop will happen this year and will probably be about $100. If you waited this long, wait till it happens. If you wait you'll also get the new (cooler) chip.
The price drop will happen at some point. But as the poster above me said wait for the new chip. That to me wll be a more diserable item then the price drop. I've been forunate and not had too many heat issues but have had friends who have. I think the new chip will be an improvement or I hope the new chip will be. You've already waited this long, a little longer won't hurt and plus you might get one with a new chip and all.
There is no way that MS will drop the price before Halo 3 comes out. I think that a price drop ain't takin'place until next year. Just buy the box and enjoy the goodness that is Gears of War, can't stop playing online :D
Xbox has already had specials on with price drops for certain occasions. Why did you not just buy one then? i got my Xbox with a game and 60$ off back in september
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