Translated by Kinan via Dtf.ru:
"Seems its indeed coming. Respectable Russian game industry site dtf.ru, known for having close contacts within ex-USSR game dev circles, published a news article today, claiming it got an unofficial, but reliable info about the upcoming price cut.
How big it will be and in what territories is unknown yet, but it is said that price cut will be especially big for Russian market. At the moment Elite is retailing there for 18000 roubles (around 490 € or 750$) and arcade costs near 10000 (415$).
The console market there is growing fast, but still quite small. In their recent interview with director of gaming platforms in Microsoft Russia it was revealed that x360 sold around 60-65k units in Russia between February 2007 and January 2008, they expect more than 40% growth in 2008."