is reporting that starting May 22, any student or parent that purchases a new Windows 7 enabled PC for $699 or more will be entitled to a 4 gig Xbox 360
for exactly zero dollars. The one catch is that it is only valid for college students and that means a valid student ID must be produced to score the new console. You can also get the deal from several online retailers like Dell, HP, and the Microsoft store, but you need a valid .edu address. The offer's expiration date varies by retailer, so make sure you do your homework before you go ruining some poor store-clerk's day.
for full details.
I gotta say, that's a pretty sweet deal for those that can take advantage of it.