According to The Verge, Microsoft is planning to launch a Xbox 360 console package, with Kinect, for only $99. The price of the console will be "subsidized" with a locked in, monthly two-year, $15 subscription to Xbox Live. The cheap console could launch as early as next week, according to Verge's unnamed sources.
According to The Verge, the two-year, $15-a-month subscription will include a warranty, and provide access to Xbox Live Gold and perhaps some additional streaming content from cable providers or sports package providers. You'll be able to pick up the bundle at a Microsoft store, should there be one near you.
Reportedly, Microsoft will charge an early termination fee for those who break their contract.
While a $100 Xbox seems like an amazing deal, over-time, the savings will amount to $39 when compared to purchasing a 4GB 360 and paying a cheaper subscription fee for basic Gold membership. The new bundle will cose you $420 in two years, where a "traditional" 360 will set you back $459.