by Alexander Sliwinski { 17 minutes ago } Breaking News
Microsoft is offering a $50 mail-in rebate on all Xbox 360 Elite purchases starting today (September 22) and ending October 5, making the previously $400 console SKU a mere $249. The offer is valid only in the US, but purchasers can certainly use that cash-back toward component cables, a Wi-Fi adapter, HD transfer cord, HDMI cable or ... any one of the many missing peripherals that brings "flexibility to consumers."
Link to rebate form (not currently available, but should be later today.)
[Via Major Nelson]
From - Joystiq [Xbox]