Kmart Leaks Xbox 360 Price Cut

Can you smell the poor college students on the horizon? They could be stampeding toward your local Kmart. They're on the eve of actually being able to afford an Xbox 360 (you know, if they don't get groceries this month).

The Xbox 360 20 GB console, pending if the photo on the left is a clever PhotoShop job, is being priced at $299.99 according to this Kmart advertisement. The release is dated July 16th, the week of E3. Curious, isn't it?

Thanks Xbox 360 Fanboy.