From Major Nelson’s blog.  Looks like the goodness keeps coming today.

Beginning today and running through October 5^th, when you purchase an Xbox 360 Elite for $299, we’ll kick back fifty-bucks your way in the form of a rebate. Cash money. This is for US purchases only, and you should visit Xbox.com/eliterebate (when it is live later today) for details and rebate requirements.  Read the official press release here.