Wizards of the Coast has announced that Magic: The Gathering - Duels of the Planeswalkers will finally release on Xbox Live Arcade this month. Specifically, the game will launch on June 17. Have no fear, Magic fans, unlike the Xbox version of Magic: The Gathering, Duels of the Planeswalkers is a straight-up card game. And, based on our time with it at PAX last year, it's a pretty good one.
Unfortunately, we still don't know how much green damage the game will deal to your wallet.
Update: We now have the price. Duels of the Planeswalkers will cost 800 ($10).