It’s for reals! $400 for an Elite 360, Halo 3, and Fable 2!
Since I posted the rumor a little while ago I thought I’d follow up with the official news; starting in May Microsoft will release an Xbox 360 Elite Game of the Year Bundle which includes a copy of Halo 3 and Fable 2 at no extra cost. That’s $399 for the least-likely-to-Red-Ring model, two great games, a 120gb hard drive, and a wireless headset (along with a controller and all the cords you’d expect). This is a limited time offer though so be sure to pounce as soon as May rolls around.