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Microsoft Rebates Xbox 360 Elite Down to $249

The Xbox 360 Elite just last month received a $100 price drop down to $299 (the price of the now-extinct Pro model). Not good enough, you say? What about knocking that one down to $249, then?

That's what Microsoft is offering starting today and through October 5.  As noted on the Gamerscore blog, those who purchase an Xbox 360 Elite will get $50 back with a limited-time rebate.

Click here for more details and rebate requirements.