Nvidia's Shield coming June 27 with price drop to $299

Nvidia's Android-powered handheld Shield will be hitting the market on June 27, but the company has decided to drop the price to $299 before its release, based on user feedback. This represents a discount of $50. However, even the new price is still higher than a 3DS or Vita.

"We've heard from thousands of gamers that if the price was $299, we'd have a home run," project manager Jason Paul said today in a blog post on the official site. "So we're changing the price of Shield to $299." He said that anyone who pre-ordered the unit would only pay the discounted price.

One of the prime selling points for the Shield is that it will stream PC games from your computer on its 5-inch, 720p flip-up screen. The unit, which has a Xbox 360-style controller, runs on an Nvidia's Tegra 4 mobile CPU/GPU combo with 2GB of RAM and the Jelly Bean version of Google's Android OS. It was announced in January at CES.