Microsoft has officially increased the price of the Xbox 360 Arcade bundle in the UK, according to retailers who've been in contact with Eurogamer
The price has been bumped up to £159.99 for the Xbox 360 Arcade bundle, which is an increase of £30 from £129.99. The Arcade bundle will also no longer get the five Xbox Live Arcade games which are currently included in the package, further reducing the value of the Arcade bundle.
Reports have come in from several retailers who received official confirmation from Microsoft earlier today, cementing earlier rumours of some changes in how Microsoft will sell the Xbox 360 in the UK. It's also expected that Microsoft will increase the price of Xbox 360 accessories by a quid or two, but that's yet to be confirmed.
The retail sources who've been reporting the price changes have claimed that Microsoft has made the changes to try and counteract the poor pound-to-Euro currency exchange rate at the moment, though Microsoft has made no official press statement about that.
Since the official release as handed out to retailers only mentioned the Xbox 360 Arcade and Elite bundles the move also strengthens the rumour that the Premium Xbox 360 bundle is about to be cut too and that the Elite will be the standard Xbox 360 model going forward. It's possible that Microsoft may be making room for a Natal bundle in the future too.
What do you think of the price cut? Let us know your thoughts in the forums