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Microsoft's creative deal for a discounted Xbox 360 and Kinect goes on sale today at two major game retailers, but will the smaller price tag bring Microsoft some big bucks?

XBLA's Major Nelson announced on his official blog that Best Buy and GameSpot are now selling the discounted Xbox 360 bundle. The offer is also available at the Microsoft Store.

The bundle comes with an Xbox 360 console and a Kinect for a significantly lower price at $99, a set that would normally cost around $300. However, it requires the customer to sign a two-year contract to XBLA with a gold membership at $14.99 a month. The membership alone would cost just under $360 for the full two years.

[Via: Justanotherrandomsite]