Could a $50 dollar price break be in store for the Microsoft Xbox 360 console? The folks at CheapAssGamer certainly think so as they’ve posted a picture on their website of a Toys R Us ad depicting the Xbox 360 with a price of $349.99. Yes and if we do the math – that amounts to a $50 dollar price reduction. According to the picture of the ad, the price break should begin sometime during the week of August 13th. It’s not clear whether the Xbox Core or Elite systems will also get a price drop.

[Check it out via Joystiq]

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