There are two rumors that surfaced today so since we don't have any confirmation we'll just post the links and see if they come true.
First up, Hollywood Reporter says that the Xbox 360 will get a price cut of $50
on August 8th. Not that far away and I wouldn't be surprised if it does happen. Of course, this could just be a fire sale on the core and premium units. :)
Second, X-bit labs has a post
on what the next NVIDIA cards are going to be like. What's interesting in the listing is that it has a built in audio chip. Ooook. Anyways it's suppose to be double of the current king, the GF8800 Ultra. Sounds good to me