It doesn’t seem like much of a prediction, but Wedbush Morgan analyst Michael Pachter foresees a new slim Xbox 360 hardware configuration before 2011 rolls around. More specifically he thinks that the new slim version will feature a 250GB hard drive with Project Natal bundled with it, without any price reduction or increase.
That means you would be getting the bundle for the $299 price point. Unless of course, Sony lowers the price of the PS3. Then it may go down to compete with Sony.