FIRST discount is for the Xbox 360 250GB Kinect Bundle. It takes down the price of the package to $349.99 from a previous $399.99 price.
SECOND discount is for the Xbox 360 250GB which drops the price of the gaming console to $249.99 from a previous price of $299.99. This Xbox 360 250GB package does not include the Kinect.
Both offers will slash $50 off the price of the 250GB Xbox 360 so those who are planning on getting an Xbox may as well take advantage of the price drop.