$99 Xbox 360 – Are We Stupid?

If you still haven’t heard Microsoft has released a Xbox 360 with Kinect for only $99 but you will also have to agree for a $14.99 per month subscription of Xbox Live Gold for 2-years! You can purchase this by walking into any Microsoft store.

To get the deal, you need to bring offer code 885370366266 (or the coupon with that code on it) to one of the 17 Microsoft Stores located around the country. It doesn’t appear that this deal is currently available online or at other retailers such as Walmart and Best Buy, though they may indeed follow suit in due time.

Taking advantage of this deal requires you make a two year commitment to the Xbox Live service, which will cost you a total of $360 extra. If you cancel your Xbox Live account subscription before the two years are up, you’ll be subject to an early termination penalty. That penalty starts at $250, but after a period of five months, it starts decreasing by $12 per month.

This is a bad deal. $14.99 x 24 = $359.76 + $99 = $458.76. If you don’t have money and for some odd reason immediately requires a Xbox 360 you can go for this deal. But if you do have the booze better go and purchase an Xbox for $199.95 from GameStop and a 12 month subscription for Xbox Live Gold at just $60 per year. Do your math.