Microsoft Corp. on Tuesday announced officially the price of the Kinect motion sensor previously known as Natal. Besides, the company unleashed a new inexpensive version of Xbox 360 game console as well as a bundle consisting of an Xbox game machine and Kinect sensor.

The all-new Xbox 360 4GB console, the revolutionary Kinect sensor and “Kinect Adventures” packaged together will cost $299.99. With “Kinect Adventures,” players will make their way through 20 adventures, navigating roaring rapids and ducking and dodging through mountaintop obstacle courses and other exotic locations - no controller, wand or balance board required. In addition, existing Xbox 360 console owners can purchase the Kinect sensor with “Kinect Adventures” for $149.99. In addition, the new Xbox 360 4GB console, which begins shipping on August 3 in the U.S., will be available for $199.99. With a sleek new design, the Xbox 360 4GB console looks better and includes built-in Wi-Fi N, 4GB of internal flash memory, touch-sensitive buttons and a black matte finish.

The Kinect sensor can be plugged directly into any Xbox 360 and features a camera, audio sensors, and motion-sensing technology that tracks 48 points of movement on the human body. Kinect has the abilty to recognize faces and voices. Kinect can perform full-motion tracking of the human body at 30 frames per second.

“Kinect for Xbox 360 offers tremendous entertainment value for the whole family. With full body, voice and the ability to play games with your friends right out of the box, Kinect is the most unique, complete and affordable way for everyone to enjoy controller-free fun and entertainment," said Dennis Durkin, Xbox 360 chief operating officer at Microsoft.

Starting today, select retailers are taking pre-orders for the Xbox 360 Kinect Console Bundle at $299.99 and Kinect for Xbox 360 at $149.99.

Tags: Microsoft, Xbox, Kinect, Natal