Today for our Credit Crunch Christmas gift guide suggestion, we have for you the cheapest Xbox 360 ever.

Zavvi has dropped its prices and is selling the Xbox 360 Arcade for just £99.

The Arcade is the entry-level model in the range, but does include a wireless controller, and an HDMI connection to enable high-definition output.

Available in stores only from the high street chain Zavvi, you'll have to be quick to get your Xbox 360 Arcade since they are selling out fast.

Unfortunately this offer is not available online so a trip in the car or via shanks' pony will have be the order of the day.

More Christmas gift suggestions tomorrow...