Accompanying the launch of Resident Evil 5 in March, Microsoft today confirmed the release of its long-rumored limited edition of the Xbox 360 Elite. Officially, it is called Xbox 360 Elite Limited Edition Resident Evil 5 Bundle, and besides its red finish, it comes with a red Xbox 360 Wireless Controller, a black Xbox 360 Headset, a 120 GB Hard Drive, and an exclusive premium "Resident Evil 5" theme (downloadable via Xbox LIVE).

Here's an excerpt of its included features:

• Xbox 360 Elite Console with Exclusive Red Finish
• Matching red wireless controller
• 120GB hard drive
• Resident Evil 5
• Super Street Fighter® II Turbo HD Remix
• Exclusive Resident Evil Premium Theme
• Xbox 360 black wired headset
• HDTV-ready component HD AV, HDMI and Ethernet cables
• Xbox Live 1 Month Gold Subscription

In case you are interested in getting one, you better hurry though, as supplies are obviously limited. The price? The same as for the standard Xbox 360 Elite: $399.