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4GB Xbox 360 w/ Kinect = $300
Kinect Sports: Season Two = $40
Xbox 360 Media Remote = $20
Xbox 360 Hi-Speed HDMI Cable = $40
Xbox LIVE 12-Month Sub = $60
So all total a savings of $160.
If you want to break it down to individual components:
4GB Xbox 360 = $200
Kinect Sensor w/ Kinect Adventures = $110
So, an additional $10 is saved bringing the total savings to $170.

For $100 you can get a 250 HDD and for $50 more another year of Xbox LIVE. Though, to be honest with the holidays coming up it's best to wait on buying the Xbox LIVE sub until the deals start hitting the stores.