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This wound up being a great deal for me after my Pro red ringed. Grabbed an elite for $299, used the $50 gift card to pre-order BFBC2, then Amazon issued a $20 credit for the pre-order which I promptly spent on a 12 month Xbox live card since mine expires in a few days.

I just got mine yesterday. It was in perfect condidion. I guess the wait is the trade-off for saving $15, wether or not it was worth it....