Microsoft is ready to go head-to-head with their arch-rival Sony in the video games business.  The Xbox 360 Elite console will match the PS3 Slim costing $299.99 (from $399.99) this Friday.  The Xbox 360 Pro console (now $249.99) will phase out after inventory gets flushed, making the Elite and Arcade ($199.99) the only Xbox 360 SKUs on the market.  In somewhat related news, Microsoft has stated that the upcoming Project Natal accessory “will work with every Xbox 360 sold today and tomorrow.”  Neat-0.

[Via Engadget]