This deal has ended.
Update: This deal is over. The XBox 360 Arcade Console is now out of stock. Dell again has the XBox 360 Arcade Console for $159 after a $40 price drop. One of the most popular video game consoles in the world, this matches the lowest price (not including gift card promotions) that we've seen. Note that this is the Arcade console and does not come with a substantial hard drive. Shipping is free with sales tax in most states.