Last year XBox was a very popular gift item and now that there are even more games available for Kinect, I expect this year will be no different. Right now Amazon is offering the Xbox 360 for $199. Plus you’ll receive a $50 promotional credit for a future Amazon purchase. Shipping is free.
I went back and looked up Black Friday deals from last year and XBox didn’t go lower than $199 so it seems like this is a great deal. If you are looking to add Kinect, you could use your $50 promotional credit to purchase the Kinect Sensor. It’s regularly $149.99 (with 3 games) so applying the credit would make the Kinect Sensor $99.99 or $299 total for the bundle (Xbox + Kinect + 3 games) which is the lowest price I saw last year at this time.
This offer is Limit 1 per account and the $50 promotional credit will be applied to your account within 3 days of shipping.
You could also opt to shop at Target. They are running the same promotion this week. But an XBox, Get a $50 Target gift card. While you do have he benefit of getting your item immediately, most states will pay tax which makes it slightly more expensive than Amazon.
(Thanks My Frugal Adventures!)