So what's $299 get ya, Microsoft?

As we reported earlier, Microsoft is dropping the price of the Xbox 360 Elite tomorrow (Aug. 28), to $299. However, the price isn't as low as it seems in the console wars. Your Elite will no longer come bundled with the HDMI cables necessary for HD gaming. You'll have to pick them up elsewhere. Additionally, no Wi-Fi adapter is included, so you'll have to spend an additional $99 for that.

Compared to both the PS3 at $299 and Wii at $249, both consoles include Wi-Fi. Xbox 360 requires gamers to pay a fee in order to download and play games over their Wi-Fi server, but Wii and PS3 offer Wi-Fi gaming for free.

At the end of the day, I guess it all depends on the games you want to play, and whichever console has them. But if you want to play them in HD and online, don't think you're going to be paying $299.