Microsoft sets the price for its HD DVD add-on

Microsoft today announced that its HD DVD add-on for the XBOX 360 will be released in the United States in mid-November with a price tag of $199.99. This comes just a week after the announcement that the drive would launch in Japan on November 22 for 19,800 yen ($170 USD).

"[The HD DVD drive] will work with either Core or SKU. It puts [the price] on par with people who want to watch movies. The key part for us is to give consumers choice. We're not gonna lose money on this, but we will give it value," said Microsoft's Scott Henson.

The drive will ship with an XBOX 360 Universal Remote and will come with Peter Jackon's King Kong. The drive should arrive just in time for the Fall system update which is set to add 1080p support for games and movies. Let the games...err, movies begin!

"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation
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