Following last week's rumours about an impending Xbox 360 price drop, Microsoft is going to reduce the price of its HD DVD player accessory for the Xbox 360 to $179 in the US on August 1. As an extension of Toshiba's "Perfect Offer" promotional campaign, potential customers buying between between August 1 and September 30 get five free HD DVD movies out of a selection of 15 titles in addition to the drive.

A similar offer for Blu-ray players is available for PS3 owners until September 30.