Will it still be available after christmas for $200? I was planning on using xmas money to get one, but if it isnt available for that amount after xmas i probably wont get one.

I'm betting it will be available at least until the end of the year. I'm sure MS knows that people will be receiving money for Christmas, like in your case, and will want the bundle around for at least a while. Besides, there still should be at least some left in stock at various retailers that you shouldn't have a hard time finding one!

thats what im thinking too, but i saw something where it said limited time only and it kinda got me worried

I wouldn't worry about it. There should be some left after Christmas.

funny tangential thing - i saw at circuit city, they were selling the bundled JSRF/sega gt2002 game for $99.99!

I wouldn't worry about it not being available either... I mean all the xbox's now are all packaged with the S controller and the 2 games.

Weird they shouldn't be. Maybe it's some special game they released or something, if it didn't say "no for resale" on it. Its MSRP is 100 bucks though.