Loads of new news from Microsoft on the console front today. First off, and most importantly (to people like me who haven't actually bought one yet, that is), yesterday they announced a $50 price cut on the 20GB model to clear stocks in preparation for a new 60GB model; some stores are even running special deals to put a machine in your hands even cheaper.

Also announced today is an upcoming overhaul to the console's dashboard system, which will have a gallery-like design and the addition of cartoon avatars (cough).

Finally, Microsoft has also made a deal with Netflix to bring streaming rentals straight to the console--no more watching movies on the computer!

I've been considering picking up a 360 for some time myself, so this is some interesting news to me. Between the price drop and talk I've seen that the hardware's heat issues are solved in newer production lines (reliability is a big concern to me), it may be worth it now. Being able to use Netflix downloads on the TV would be handy too (no more pay-per-view!). What do you guys think? Anyone else who was on the fence about getting a 360 going to go for it now?