Posted by Steve 5:51 AM (CST) Intel & AMD Price Cuts:Now this is the kind of news I like, both Intel & AMD have price cuts on the way, just in time for the holidays. The high end stuff got the biggest cuts, but it makes them 3GHz CPUs a reality for most of us now at $275 compared to the well over $400 range it was before.Intel reduced the cost of its Pentium 4 desktop chips by between 7 percent and 35 percent on Sunday, with the most expensive chips receiving the biggest whack. The 3.2GHz Pentium 4 dropped from $637 in volume quantities to $417, a 35 percent drop, while the 3GHz Pentium 4 with an 800MHz system bus declined from $417 to $278, a 33 percent reduction.