Another retailer has shown that Microsoft is planning to drop the price of the Xbox 360 20GB model - formerly known as the "Pro" - to $299, as a Best Buy employee has forwarded us (obligatorily blurry) cell phone pics of an upcoming weekly ad. The model currently retails for a suggested price of $349 in the United States.

The ad, photographed off-screen from the Best Buy computer system, is said to run the week of July 13th. That matches up with previous price drop rumors from Kmart and an unnamed "major retailer."

Thanks for the tip, HolyOrphan.