Although it is not what you would expect.

Microsoft is planning to launch a $99 Xbox console package with a monthly subscription as early as next week, according to our sources. The software giant will offer the 4GB console with a Kinect sensor at its range of Microsoft Stores in the US, subsidized with a monthly cost of $15. We're told that the two-year subscription will provide access to the Xbox Live Gold service and possibly some additional streaming content from cable providers or sports package providers. Customers who sign-up for the deal will also be covered under a two-year warranty.

There will be an early termination fee for those wishing to break the contract ahead of its two-year duration, and we understand that Microsoft will position the package as a competitor to Apple TV, Roku, and PlayStation 3. For those buying the bundle now and getting the cheapest two-year Xbox Live Gold option, that's about $299.00 + $120 = $420 vs. $459 over a duration of two years. With E3 2012 on the horizon, and Microsoft working on a "Woodstock" music service — it's clear that the company wants to ensure as many people as possible have an Xbox in their living rooms.

http://www.theverge.com/2012/5/2/2993600/99-xbox-360-kinect-subsidized-bundle

I guess if you want a 360 + Kinect but don't want to shell out $300+ in one shot this could be a good idea.

What do you think?

99 + 15 per month over 2 years is 459 dollars
299 + 100 for XBL gold 2 year membership is 399

I have to see how this plays out, but as it stands it doesn't look all that hot to me. Only if the subscription includes a Zune pass/Woodstock whatever pass and some extras is it worth it.

Hm, don't know. It's kinda great and horrible at the same time. Would never get it personally.

I will totally get it if this replaces my cable TV or something with aditional features. 

Xbox 360 could become a PVR lol...

looks goof to me. and a 2 year warranty. I wonder if they are refurb consoles or all new(for the first purchase, i am sure replacements will be refurbs.). If they are launching this I am sure they are going to be beefing up the services too, so hopefully more content. If only they would let the xbox be a dvr maybe i could get rid of one my fios boxes (which i think i also pay 15 a month for)

I guess the bundle would be cool for those who dont give a damn about online.

did you even read it? the fee includes gold subscription.

?? it includes a Live Gold subscription.

This could be a way to get their Xbox live service to be more expensive. Subsidize 360 for 99 and 15 per month that includes online access.

Xbox 720 comes out and suddenly online is still 15 per month and no console subsidy available. 

Interesting tactic, it's kind of like those 2 year cell phone plans. I kind of hope they do something like this for the next box as well since I'm pretty sure I won't be able to afford one straight up.

Actually if this works out you can expect this to be the norm for next gen.