This week's announced Xbox 360 price cut has gone into effect today, with several special deals for each. The Xbox 360 Elite 120 GB bundle drops $100 to $299.99, the Xbox 360 Pro 60 GB bundle drop $50 to $249.99 (being phased out) and the Xbox 360 Arcade bundle remains at $199.99. With today's new price point, Amazon.com is making the deal sweeter by offering a few freebies with the purchase of one of the Xbox 360 units. The offers are running for a limited time, through September 1st.

Here are the deals on each:

Xbox 360 Elite now $299.99 - Get a free 13 month Xbox LIVE Gold Subscription ($50 value).

Xbox 360 Pro now $249.99 - Get a free game of your choice: Halo Wars, Halo 3 or Fable II ($40 value).

Xbox 360 Arcade is $199.99 (remains the same price) - Get a free game of your choice Banjo-Kazooie: Nuts & Bolts or Lost Odyssey ($20-$30 value)

See all the deals here.

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