Xbox 360 Elite drops to $250 (with mail-in rebate)
Microsoft is offering a $50 mail-in rebate on the Elite through October 5.
Nobody likes a mail-in rebate, but if you're the patient type who doesn't mind waiting to get your cash back on your purchase, Microsoft will send you $50 if you buy the Xbox 360 Elite between now and October 5 (this is for U.S. customers only).
While you'll have to fill out all the requisite paperwork to get the discount, that mail-in rebate drops the price of the Elite--which only a short time ago cost $400--down to $250. Details of the rebate are here.
As other blogs have pointed out, that $50 might come in handy to buy an HDMI cable, Wi-Fi adapter, or a game. All we can say is, thank you, Sony, for dropping the price of the PS3 to $299. There's nothing like a good price war to keep things interesting in the game-console space.
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(Source: Joystiq via Major Nelson)
On Sale Now: $299.99 - $440.43
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Hunkered down in New York City, Executive Editor David Carnoy covers the gamut of gadgets and writes his Fully Equipped column, which carries the tag line "The electronics you lust for." He's also the author of "Knife Music," a novel. E-mail David. Follow David on Twitter. 

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