I guess they figure the $349.99 XBOX 360 + $99.99 for the essential online ( I wont even talk the about other fees required) = $450.00
The PS3 (yet again not talking about features) = $400.00
So they give a $50 discount to the 360.... makes sense to me.
If my console RROD'd on me without warranty, I might do it. (If i lived in Canada)