Just as was reported last week, Microsoft has announced a $99 Xbox 360 + Kinect bundle and two years of Xbox Live Gold with a $15 monthly subscription fee.

The offer is now available through the Microsoft Store. Over the two years, this bundle will run you roughly $460 compared to the $420 or so that it would cost you to outright buy the console and two years of Xbox Live so while this may seem like a good deal up front, you’re actually spending more in the long run.

Early termination fees will start at $250 in the first 3 months, $240 in month four and drops $12 every following month.

Microsoft seems to be hoping the low barrier of entry will entice buyers to finally pick their platform.

Does this bundle interest you at all?