Microsoft is now offering a $50 rebate for all Xbox 360 Elites in an announcement made by the console manufacturer. The promotion will be for consoles purchased from today until October 5, but the mail-in rebate form can be sent out with proof of purchase until November 20.
This will make the Xbox 360 Elite just $250 given the recent price cut and will give the console a momentary $50 price edge over the $299 PlayStation 3. It will also make the Elite the same price as the Nintendo Wii during the promotion. However, the Wii is heavily rumored to have its price dropped after this coming weekend to $200.
[1UP]
