Walmart Confirms 360 Price Drop?

Ever since my good friend Bill Gates told me, while escorting me to the door after a 4am booty call, that there would be an Xbox 360 price drop, I've been waiting with bated breath and fading hickeys for official confirmation and a Briolette Cut pink sapphire engagement ring.
This is neither. Dammit.
What this is, is an itty-bitty-bitty photograph of a Walmart ad showing the 360 premium package with a $50 price roll-back, all the way to $349. If Microsoft extends this price cut, if indeed that's what's happening, to the core system, it would put an Xbox 360 SKU within pissing distance on the Wii: an extremely nice seat for the oft prohibitively expensive system to occupy.








I can't believe I work at Wal-Mart and now my work is seeping into my personal life. However, I can now be an insider, as I'm IN Electronics. How (un)super cool does that make me?