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While the Elite model of the Xbox 360 just got a hundred dollar price cut this month, Microsoft is making the deal even sweeter. By giving anyone who purchases an Xbox 360 Elite console from now until October 5, a $50 rebate. The Netflix sponsored deal is great for anyone who is considering picking up a new 360 in the next two weeks.
All you need to do to take advantage of the deal is to purchase an Xbox 360 Elite for $299, then head over to their rebate site, and then make sure you meet their requirements, and finally mail-in your submission (before Nov. 20). Last, but not least, wait for your 50 dollar rebate check to hit your mailbox.
Sounds a bit complicated, but hey, that's like a year of free Xbox Live Gold membership you could use with that money.