Halo Reach is one of the most anticipated games of the year for the Xbox 360. Now it has been leaked nearly a month ahead of its September 14th launch date. As you already know, Halo is one of the best selling game franchises for the console.

Game-tut.com allegedly managed to get a copy of the game from Microsoft’s servers and made it available for download through torrents. Gamers have already uploaded several videos on YouTube, if you want some spoilers. The official launch is September 14th.

A forum user on High-Def Digest posted a scan from next week’s K-Mart weekly circular ad and it shows a price drop of $50 on the Xbox 360 Premium. Yes, the $299 price you see still includes a 20GB hard drive.

The timing of this apparent price drop seems to sync up with whatever announcements Microsoft will have at E3. The rumors on that front include a price drop or a newer version with more storage. The scan makes no mention of price adjustments for the ‘Arcade’ or ‘Elite’ models, but we expect they will be adjusted.