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Score a refurbished Xbox 360 Premium for $149.99

It's missing a headset and a warranty, but otherwise, this $150 video game console is a killer deal. Refurbished systems are arguably in better shape than new ones.

Rick Broida Senior Editor
Rick Broida is the author of numerous books and thousands of reviews, features and blog posts. He writes CNET's popular Cheapskate blog and co-hosts Protocol 1: A Travelers Podcast (about the TV show Travelers). He lives in Michigan, where he previously owned two escape rooms (chronicled in the ebook "I Was a Middle-Aged Zombie").
Rick Broida
An Xbox 360 Premium for $150 is hard to beat, but it comes without a warranty. Overstock Dealz

Regular Cheapskate readers know that I love me some Xbox 360--not just because it's a killer gaming console, but also because it's a killer media center extender. In fact, I recently suggested buying an Xbox 360 Core system expressly for its extender capabilities.

But why buy a Core for $170 when you can get an Xbox 360 Premium for $150? Yeah, that's what I'm talkin' bout! There are some catches, however, so read on before you pull the trigger (or, um, click the mouse).

First catch: this is the non-HDMI Xbox 360 Premium, meaning that you'll need to use the included component video cables to make the HDTV connection. (I don't consider that a deal breaker, but some folks insist on HDMI, which is included with newer Xboxes.)

Second catch: you don't get a headset with these units (no big deal, if you're not planning to play games online).

Third catch: shipping will run you about $26, which is kinda steep.

Fourth catch (and the only one that really matters, in my mind): no warranty. The vendor, Overstock Dealz, offers a "14-day guarantee," which essentially protects you from dead-on-arrival units, but otherwise, you're on your own.

As some will undoubtedly note, the 360 has (or had, anyway) a fairly high failure rate, so buying one without a warranty is borderline idiotic. However, because these are refurbished systems, they're arguably in better shape (i.e. more failure-resistant) than new ones.

Agree? Disagree? Hit the Comments--and try to keep it civil, peeps.