Rumor Confirmed: Red Elite Coming

The bundle features a red system and wireless controller, as well as a copy of Resident Evil 5. It also includes a wired headset, a 120GB hard drive, an exclusive Resident Evil premium theme, and Super Street Fighter 2 Turbo HD Remix. As of right now, Toys R Us revealed a price of $399 in a database leak. We'll confirm the price when we get it but $399 sounds right.

Update: Major Nelson has made official and confirms the $399 price point. He also mentions that supplies will be “very limited” so you may want to pre-order as soon as possible.