Via Joystiq: http://www.joystiq.com/entry/1234000277053610/
Mark your calendars for November 25th. A number of UK retailers have revealed that this is the intended release date for the Xbox 360—which should launch in the US just a few days prior. And now the bad news… Retail sources are also citing a £299 price tag, which when converted, would just top the $500 mark. While the release date is almost certain, this pricing estimate is not—no need to panic just yet. We can expect official confirmation from Microsoft as early as next Monday during the Games Convention in Leipzig, Germany. A word to the wise: start saving now.