Kotaku.com is reporting of a mysterious red Xbox 360 Elite that has mysteriously appeared within the Toys R Us inventory database. A reader of Kotaku sent the above pic to the website as proof that a Red Xbox 360 Elite may be on the way and it’s priced at $399. There may be a connection to the rumored new Xbox 360 launching in conjunction with the release of Resident Evil 5. Could the mysterious Red Elite be the one? We’ll keep you posted as more details emerge.


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