360 Price Cut Soon?

MCV Is reporting a price cut for the 360 in the up coming months ahead and are speculating it will only pertain to the Arcade model.

MCV's has gone as far as to estimate about a £30. drop in the price and are still unsure if this will mean any drop for the Premium pack and the Xbox 360 Elite since Microsoft did have a simultaneous price cut on more than one model in August of 07.

With at least 2 other sites backing the same claim i wouldn't be surprised to find this true even though Microsoft stated “We don’t comment on rumor and speculation.”