HD DVD gear just keeps getting cheaper and cheaper. According to DVD Town, Microsoft has slashed the price of its HD DVD add-on for the XBox 360 from $179.99 to $129.99.

The price cut is effective immediately in the United States, Canada, Australia and New Zealand. Also, if you buy this discounted drive before February 28, you can get five free HD DVD movies.

This morning Amazon.com had the high-def drive on sale for just $79.99, but the units sold out quickly.