Deal of the week: Cheap consoles and $5 off a Pentium

Many of us play games on our PCs, but that doesn't mean we can't enjoy a little console action, too. What better time to get on the console bandwagon than immediately after a round of price cuts? Both Sony and Microsoft have now dropped prices, with the Xbox 360 cuts having come into effect just this morning.

You can now grab a vanilla Xbox 360 (which has a 60GB hard drive and HDMI output) for just $250 shipped at Newegg. Microsoft has already stopped making that console, so it won't be available much longer. If you miss the boat, you'll have to spring for the $300 Xbox 360 Elite, which has a 120GB hard drive a black paint job.

On the Sony side of things, Newegg now has the new 120GB PlayStation 3 Slim in stock for a cool $300 shipped. This model may not support other operating systems or PS2 games, but it's smaller, lighter, and less power-hungry than the original—and you still get the built-in Blu-ray drive.

For folks more interested in the PC side of things, you can grab Intel's Pentium E6300 for $79 shipped, down from $84. Just enter "CPU8245" in the promo code field on the checkout page anytime between now and August 31. Also, those gaming on older graphics cards can still grab one of XFX's Radeon HD 4870s with 1GB of RAM and a lifetime warranty for $145 shipped.

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