$99 Xbox 360 + Kinect bundle launching next week with two-year subscription???

Xbox-360-kinect-600r is reportedly planning to launch a subsidized and Kinect bundle with a monthly subscription option, according to The Verge. The Redmond Software giant will offer the 4GB gaming console alongside with the Kinect for $99 with a two-year commitment, and an early termination fee.  The subscription fee will $15 a month, which includes access to Gold, a two-year warranty, and possibly additional streaming content as well. Microsoft will apparently position the package to compete against the , streaming box, and PlayStation 3. The Verge reports that we could see an announcement as early as next week.

I believe Microsoft has had this plan in the works for a while and will launch such a service, but I am sure it’s not coming next week. With E3 around the corner, such a major move by the company will be announced at the show. Plus, I am sure we will hear more about the company’s Woodstock music service. So ’til June 5th, we wait.

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