It's not quite a $99 Xbox 360, but if this apparent Walmart scan via Kotaku is to be believed, that $199 Arcade version is getting a $100 gift card promotion going into effect this Saturday. In real terms, that boils down to a $234 Xbox 360 Pro for first-time buyers, seeing as you'll be needing that $135, 120GB hard drive, too. Also listed are a Sony Blu-ray player for $148 (we're guessing the currently-MSRP'd $199 BDP-S360), and a $298 HP G60-519WM, which touts a 2.2GHz Intel Celeron, 15.6-inch HD display, Windows 7 Home Premium, 3GB RAM, and a 250GB HDD -- not a bad followup at all for that Compaq CQ60. Some interesting spy shots from the Slick Deals forum seem to give credence to the scan, although we're still playing wait-and-see -- that $100 gift card with the Xbox 360 arcade is almost too good to be true, even if it is just a clever tactic to clear shelf space in the lead-up to Black Friday.
Update: Sure as the sun, an official ad has popped up on Yahoo's front page. Screenshot after the break.