Xbox 360 $99 Bundle w/ Subscription Confirmed

How about a 2-Year contract for your gaming console? That’s what Microsoft is offering right now to those looking for a new Xbox 360 system. Bundled with a 4GB HDD, and a Kinect sensor for the up-front cost of only $99. A 2-year contract for Xbox Live at $14.99 is also required, making it a slightly more expensive monthly commitment, but much cheaper hardware cost. Does this mean we won’t be seeing new hardware from Microsoft for at least 2 years?