Kinect price: $150

Looks like the rumors were pretty much spot-on when it came to Kinect pricing. Microsoft has announced that its new gesture-recognition peripheral will retail for $150 when it hits stores this November. That price will include a bundled version of the “Kinect Adventures” game.  

Microsoft’s main focus with Kinect is to attract new users to the Xbox 360, so it will also offer a larger bundle, which includes an Xbox 360 (with 4GB of storage), a Kinect and “Kinect Adventures” for $299.

Games for the Kinect system will retail at $50 each – $10 less than traditional Xbox 360 games.

If you’ve got two or three people in your family who will be regularly (and simultaneously) playing motion sensor games, that makes Kinect cheaper than PlayStation Move (which, by the time you pick up all the components, runs $130 for the first system and $80 for each additional controller). But the pricing is still worrisome to industry observers, who were hoping for something closer to $100 total.

For those who aren’t interested in Kinect, Microsoft also announced the replacement for the Xbox 360 Arcade SKU. The standalone console, which comes with 4 GB of storage as well, will go on sale Aug. 3 for $199.