Buy Xbox 360 Elite, get $50 rebate

Microsoft wants your money, but not all of it. Big MS is upping the ante in the price drop battle by offering a $50 rebate to anybody in the United States who purchases an Xbox 360 between now and October 5.

This certainly has to be a response to the PlayStation 3 price cut, with Microsoft attempting to undermine Sony’s efforts to put more PS3s into homes this Winter. The rebate makes the entry cost for an Elite a rather attractive $249, which certainly makes it cheaper than the $299 PS3. Will the plan succeed? That remains to be seen. 

The rebate details are available on this page. What do you reckon? Will this have any impact on sales?

Jim Sterling