Microsoft is dropping a new Xbox 360 Elite bundle along with the release of Resident Evil 5 on Friday, March 13th. Spooky.

The bundle will go for $399 and include a red Xbox 360 elite, a matching red controller, 120gb hard drive, black headset, a copy of Resident Evil 5, and a download token for Super Street Fighter II Turbo HD Remix. Not too bad to include the two games at the regular price.

I’m sure these are going to be hard to get, so pre-order if you really want one. My 10th 360 is still going strong (knock on wood), so I’m good to go with this one for a while.

Here’s the press release:

Microsoft Announces Exclusive Red Xbox 360® Resident Evil Limited Edition Console

In celebration of the landmark “Resident Evil” franchise coming to Xbox 360 for the first time, Microsoft unveiled today an Xbox 360® Resident Evil Limited Edition Console Bundle. Available the same day “Resident Evil 5” ships to store shelves, Friday, March 13, Xbox 360 fans will be able to pick up the bundle featuring an exclusive red Xbox 360.

Fans will enjoy the same premium Xbox 360 Elite experience at an even greater value with a copy of “Resident Evil 5,” matching Limited Edition red Wireless Controller, black Xbox 360 Headset, a 120 GB Hard Drive, exclusive premium “Resident Evil 5” theme (download via Xbox LIVE) and much more all included for the price of $399 (ERP).  Supplies are very limited, so “Resident Evil” fans will want to pre-order theirs today.

With the release of “Resident Evil 5” and the special edition red console, the game has found a new home on Xbox 360. The new two-player cooperative experience in “Resident Evil 5” is a perfect fit for Xbox LIVE.* With 17 million members and growing, Xbox LIVE connects “Resident Evil” fans and their new red Xbox 360 consoles to their friends on the couch or across the globe. To further provide a taste of the full entertainment experience available on Xbox LIVE, fans will also receive a bonus card to download the hit Xbox LIVE Arcade title from Capcom, “Super Street Fighter® ll Turbo HD Remix.”

*Xbox LIVE Gold Membership required