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Just bought this deal myself since all walmarts were out of stock.

http://www.amazon.com/gp/product/B003O6EE4U/ref=ox_ya_os_product

Less than an hour to get this deal!

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EDIT:  For those that can live without the gift card, the Microsoft Store still has the deal for $199:

http://www.microsoftstore.com/store/msstore/en_US/buy/pageType.product/externalRefID.E76A7F5C?siteID=AKGBlS8SPlM-gxd3fE8OKr0rsx9p5Xqr5g
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I didn't need a second Kinect, but I wanted a second Xbox to leave in the living room for media apps and to play Kinect games without having to move my other xbox from my bedroom where I do most of my gaming. So I will take advantage of the new Cloud feature for my profile and saves, and the 4GB of memory or USB drives for app storage, and sell the second Kinect for $75-100ish. Factor in the credit which will save me $50 in the future and I have just bought a second Xbox 360 for $50-75!

I am a happy camper, no doubt