Truth be told, you shouldn’t have bought that Xbox 360 unless you can afford a hard drive for it. But for all the poor people up in the CrunchGear, we feel you and so does Microsoft. That’s why the software giant will be releasing a 512MB memory unit in early April. For $49.99, you’ll be able to snag a 512MB unit with “Geometry Wars: Retro Evolved” preloaded for maximum gimmicks.

Microsoft also announced that they will be increasing the size of XBL Arcade games from 50MB to 150MB and will be lowering the price of the original 64MB memory unit to $29.99. Those of you in Section 8 housing and empty bags of Doritos on the floor, take note! These are for you! Run out to your nearest K-Mart or Big Lots come April 3rd to take advantage of these great deals from Microsoft.

Microsoft to offer Xbox 360 memory unit [Reuters]