Microsoft released the Xbox 360 Special Edition 4GB Kinect Family Bundle today for $299.99. The bundle includes a glossy white Xbox 360 4GB console, white Kinect sensor, white Xbox 360 wireless controller, a three month Gold subscription to Xbox Live and a copy of Kinect Sports and Kinect Adventures.

The white Xbox 360 wireless controller will also be available for purchase separately for $49.99. Thanks to Game Informer for the scoop.