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its just a play to counter sony
altogether the price tag is a hundred more than the ps3. this offer is to counter sony's offer of 5 free blu-ray movies with the purchase of a blu-ray player (ps3 beaing the cheapest). Even with closeout of the 20gig sku on the ps3, the pricetag of a base-model xbox with this offer is over 100$ more than a ps3. Sony and toshiba are going to compete for format, and the winner will be who can make the technology for cheaper. At this point, saying whether or not its worth it its hard to say, but in the end you pay 100$ more for this format at retail.