Looks to be Good deal if u are after a late minute gift..
Whats In The Box?
Xbox 360 4GB S Console (Matte Black)
Kinect Sensor for Xbox 360
Kinect Adventures game
Kinect Disneyland game
Xbox 360 Black Wireless Controller
Xbox 360 Composite A/V cable (standard definition)
1 year limited warranty on console
Alliteratively
Dick smith has the 250gb system for $378
Target has 4Gb system for $319
Both of these are eligible for the $50 cash back