Free xbox with pc

Just wondering if anybody has heard of this new deal from microsoft
When you purchace a any pc $699 loaded with windows 7 you get a free xbox this deal is for students and available at slected reatil store, if office depot particpating
http://www.pcworld.com/article/228419/microsoft_offering_students_a_free_xbox_360_with_pc_purchase.html

Yes I have, I believe they are going to have to register through microsoft and send in their recepit for the proof of purchase. Theres also a similar deal going on with the Microsoft Home & Student Product Key card as well, where as if they purchase Home & Student with a new PC and register it with microsoft online and have a valid .edu email they get Access and Publisher 2010 for free to compensate for the Bookstore sales at the Universities.