$99 Xbox 360 with two-year contract now at GameStop, Best Buy

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The discounted 4GB Xbox 360 Kinect bundle with bonus two-year contract is available now at participating Best Buy and GameStop locations. The basics of the deal (term used loosely): the package costs $99 upfront, with a 24-month contract at $14.99 a month, which will include Xbox Live Gold.

Sparing the need to whip out the TI-82 calculator, the cost of the contract would total roughly $460 over the next two years. A 4GB Xbox 360 Kinect bundle currently has a suggested retail price of $299, with Xbox Live Gold at about $50 a year, for an eventual total of $399. Of course, all of this math is subject to change over the next two years at the potential whims of retailer deals or official console price drops.

This article was originally published on Joystiq.