In May, Microsoft (MSFT) launched its first subsidized Xbox 360 for $99 with a two-year subscription to Xbox Live Gold. In the run up to the holidays, the company is now adding two more Xbox 360 models with subsidized pricing to the mix. Joining the existing $99 4GB Xbox 360 with Kinect bundle is a $99 250GB Xbox 360 and a $149 250GB model with Kinect. Both new models will require a $14.99 per month subscription fee to Xbox Live for two years.

A firm release date hasn’t been announced yet, but the official Xbox website lists the new subsidized models as “coming soon” with a reminder to “check back later to see a full list of participating retailers.” Savvy shoppers who want to save a little money in the long run can take advantage of a $50 discount promotion on almost all Xbox 360 consoles or pick up a new holiday bundle.

Raymond Wong is a technology reporter with a passion for cutting-edge gadgets and clean design. He first realized his love for technology when he burned through so many AA batteries on the original Game Boy that scraping battery acid off it became the norm.