Reports of a subsidized Xbox 360 popped up last week and now the new bundle is official

Along with a 2-year Xbox Live Gold membership at $14.99 a month, a 4GB Xbox 360 with Kinect can be picked up for $99. The membership fee will be charged monthly to your credit or check card, so the total amount is not due when you pick up the console from a Microsoft Store.If you jump on the offer and choose to quit before your two years is up, an early termination fee will be enforced, with the amount adjusted depending on how long you have subscribed.The current deal is a promotional offer and may not stick around for long, so you'll want to act quickly if you've been looking to get Microsoft's console on the cheap.

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