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http://www.examiner.com/examiner/x-28759-Atlanta-Video-Game-News-Examiner~y2010m6d26-GameStop-tradein-deal-for-Xbox-360-Slim-is-dead-no-longer-taking-preorders

GameStop initiated a trade-in deal at the launch of the new Xbox 360 S (aka Slim) that allowed owners of older Xbox 360s to bring in their consoles and accessories and trade them at special prices to reduce the cost.  We took advantage of this offer so that we could review the revision of Microsoft's console before they quickly sold out.  Now there is news that the trade-in deal is over barely a week after it began.

We called around to several metro Atlanta GameStops this afternoon and the word from all is the same.  They are no longer taking pre-orders on the Xbox 360 S because the reserve list has grown too long.  This essentially ends the trade-in deal which was scheduled to expire on July 18.