$300 XBox 360 by Thanksgiving

frikazoyd writes "According to Gamespot, Microsoft corporate vice president J Allard discusses potential pricing and release targets for the XBox 360 in a TheStreet.com interview. From the article: '"It's going to be in the neighborhood [of $300]," he said, apparently dispelling fears of a $399 or even $499 machine, although $350 could still be possible.'"