Word coming from the Leipzig Games Convention is that Microsoft has an Xbox 360 60GB HDD bundle planned for Europe and, relatively speaking, it's pretty decently priced.
A Microsoft produced flyer is making the internet rounds that was supposedly sent to Xbox Live Gold members in Germany. The flyer informs us of a new Xbox 360 Live 60GB HDD Starter Pack will release in November and will include the hard drive itself, a wired headset and three months of Xbox Live all for 79 Euros. Not too bad, seeing that a standalone 120GB HDD costs a whopping 129 Euros already. We aren't certain if this is an European exclusive offer or if it'll be sold in North America as well, but we'd totally welcome a cheaper 60GB HDD bundle. With open arms.