1up.com and the Frugal Gamer are reporting on some more price drops for Xbox 360 games, including The Outfit and Burnout Revenge now priced at $39.99. Just to review, here are the Xbox 360 games now available at the $40 pricepoint:

• Burnout: Revenge
• Condemned: Criminal Origins
• Dynasty Warriors 5: Empires
• FIFA 06
• Full Auto
• Madden NFL 06
• NBA 2K6
• NBA Live 06
• The Outfit
• Perfect Dark Zero
• Peter Jackson’s King Kong
• Ridge Racer 6
• Rockstar Games Table Tennis
• Tiger Woods PGA Tour 06
• Top Spin 2

Microsoft has stated that they’re feeling comfortable with their pricepoints through the launch of the PS3, and it’s not surprising - right now you could pick up an Xbox 360 and 5 decent games for the price of a PS3 un-handicapped system. Still, while Microsoft might not be lowering the price of their console anytime soon, they appear to be acting quite agressively in the area of games. Are these games for the 360 not selling as well as expected, leading to the price drops? Or is Microsoft positioning itself to be the console with the cheaper system AND cheaper games when the PS3 launches? We’ll just have to wait and see what further price drops take place in the months leading up to the PS3 release.

Read More | The Frugal Gamer via 1Up