Microsoft USA Xbox 360 Elite Buyers: $50 Mail-in Rebate

For those people that want to buy a Microsoft Xbox 360 Elite, wait no further as there is now a $50 mail-in rebate. With price cuts already to the Xbox 360, this is a very good deal going on from today till October 5th. So in total $249 (plus tax) for a Xbox 360 elite!

From the Microsoft press release:

Beginning today through Oct. 5, when you purchase an Xbox 360 Elite for $299, Xbox 360 will put $50 back into your pocket with a limited-time rebate. Coupled with the recent price drop of the Xbox 360 Elite console, this offer makes your premium games and entertainment experience more affordable than ever.

Xbox 360 Elite puts all your entertainment in one place so you can play games, watch movies and TV shows, listen to music, and, coming this fall, keep up with your Twitter and Facebook social circles, all from your living room. Additionally, with a Netflix unlimited membership and an Xbox LIVE Gold Membership you can instantly watch movies and TV episodes streamed from Netflix, recommend your favorite shows and share in a movie party night with up to 7 friends — all on Xbox LIVE.

And, as announced earlier this year, the Xbox 360 you buy today will work with “Project Natal” and controller-free gaming in the future.

You may be eligible for the $50 Mail-in rebate when you purchase an Xbox 360 Elite in the U.S. between Sept. 22 and Oct. 5. Visit www.xbox.com/eliterebate/ for more details and rebate requirements.

Now that there is a decent deal for a Xbox 360, and a rumored price cut for the Wii. What will Sony do next?

[Via Engadget via Major Nelson]