There would be a huge thread about console price cuts the _day_ that I finally got my Xbox (been buying games for a month now waiting!).
Here's the deal that I finally ended up with (good till 5/6). I'm still a little skeptical about it, but the manager of the store was pushing it and I talked to the manager of the other EB games out here that I trust to be on top of things and he confirmed it.
The standard EBGames in-store Xbox deal:
Buy an Xbox bundle for $199.99, a type-s controller or DVD playback kit, and either the Xbox Live starter kit or a new game $39.99 or more and get an extra free game (there were six titles: Oddworld, Rallisport Challenge, Amped, Blinx and Fusion Frenzy) AND send in for a $50 voucher.
So total: $199.99 + $29.99 + $49.99 = ~$270 + tax - $50 = ~ $230. (You could get it for $10 cheaper if you bought a $39.99 game, but try and find one that's decent!). Not too bad, except that they're also allowing it with the Refurbished systems, apparently due to a misprint on the voucher form (one side says that Refurbished systems are valid, althought the refurbished SKU is never mentioned). So knock another $50 off! You just don't get the bundled GT2002 and JSRF, but your total `cost' is ~$180. The Refurbished systems at my local EB had type-s controllers.
So just think of it as `buy a refurbished system and a second controller, get two games free. =) Of course, if the price of a new system drops to $150, then it's only a mild deal, but the system that I got looks brand new (manufactured December 2002) and I got a new controller, so I can live with it.