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Juma009 said:

Can someone please tell me what shortages are we talking about here? I mean I live in what is considered a pretty big city for consumers in U.S. and I see 360s available everywhere, Gamestop, Walmart, Target, K-mart, Best Buy, Kinect tends to sell out at Gamestops here but they always have 360, and I 've seen them available online also.

there are always regional discrepancies with shortages.  I live in Salt Lake City and the whole valley is pretty much sold out of all the models of 360's.  Different regions get restocked at different days.  There isn't a magical day that every store in the nation gets restocked, thus shortages in different areas while they wait for restocking.