After rumors circulated for a while across many news outlets and blogs, Major Nelson finally spilled the beans this morning. Microsoft will be releasing a new XBox 360 bundle entitled the "Game of the Year" edition. The console it seems will contain an Xbox 360 Elite and two full game releases of Halo 3 and Fable 2.

The bundle will cost the same as a regular Xbox 360 Elite purchase, $399, with the two titles included for free.

Source [Major Nelson]