This deal has ended.
Updated: check out the new discount. Through 3/11, Dell has the XBox 360 Arcade Console with a $50 Dell gift card for $189.99. Add coupon code ?PQT9GSPCCC?CF and take an extra 10% off the regular price, lowering the price to $179.99. That marks the lowest price we've seen, effectively dropping it to $129.99 when you account for the gift card. Note that this is the Arcade console and does not come with a substantial hard drive. Shipping is free with sales tax charged in most states.