Shaw Cable today reduced the price of its Gateway Television system.

Released this past summer, the Shaw Gateway is a digital set top box which connects to the coaxial cable coming into the home and then acts as a server or central hub to one or more portals throughout the home.

Effective immediately, the Shaw Gateway and Portal combination will be reduced from $598 to $348, a savings of $250. A standalone Portal will reduced from $178 to $142, a savings of $36.

In a nice touch, Shaw says the price reduction will be extended to all existing Shaw Gateway owners customers as a ‘thank you’ for being amongst its first customers. Existing Gateway and Portal owners will have the difference credited to their account. The credit will be applied whether owners purchased their hardware directly from Shaw or a third party retailer.

Discuss the Shaw Gateway system in Digital Home's Shaw Cable HD Tuner and HD PVR discussion forum .