$99 Xbox 360 goes live at Best Buy and GameStop

Making good on its promise made earlier in the month, Microsoft is now rolling out its $99 4GB Xbox 360 and Kinect bundle at participating Best Buy and GameStop locations.

Announced officially on Major Nelson’s blog, Best Buy and GameStop joins the Microsoft Store as the only spot to pick up the sub $100 bundle, which is subsidized with what Microsoft terms as a two year $14.99 monthly Gold Xbox Live subscription. A quick check of Best Buy and GameStop’s websites didn’t list the $99 edition, meaning you’ll likely have to head out to your local brick-and-mortar store to get the deal.

The two year commitment and the $99 initial investment takes purchasers up to $460 when all is said and done, while the same bundle can be had at most retailers for $299 up front, with two years of Gold Xbox Live membership at $60 a year totaling $419. While it may not be the most appealing of options to some gamers, spreading out an extra $40 over the course of two years might make sense to some those that are strapped a bit for cash and have yet to see what Microsoft’s system can do.