http://cache-foo-06.gawkerassets.com...wallyelite.jpg
We knew it was coming, especially after the $299 PS3 Slim, but here it is, stamped in dead trees for a Walmart ad: The Xbox 360 Elite for $299. Don't forget those HDMI cables.
http://gizmodo.com/5342870/why-hello-299-xbox-360-elite