Yes, you read that correctly. GAME are currently stocking the Xbox 360 Band in a Box that includes the Rock Band guitar, drums and microphone for £25, which is a saving of over £80 (and a saving of £35 compared to Gameplay, the nearest price rival). This has to be a misprice or stock clearance - so don't expect it to remain at this price for long. If you need the peripherals then there hasn't been a better time to pick them up!
Ed: This has been in and out of stock several times today. It's worth checking back every once in a while at this price!
The Rock Band Guitar feels a little light and flimsy for my tastes, but the solo buttons are a fun addition that are essential for nailing some of the nastier tracks (Green Grass and High Tides, anyone?!). Luckily, the Drum Kit and Microphone are solid pieces of kit that feel weighty and authentic... and are more than capable of soaking up the sort of punishment that a drunken post-pub Rock Band session tends to inflict on peripherals.
Note that this pack does not include any software- you'll have to buy Rock Band 2 seperately. However, for this price, it's perfect for replacing broken peripherals or finally picking up the drums that you've been holding out for.
This deal is certainly time and stock sensitive. There's no time for hesitation, folks- though make sure that you retain your digital receipts in case this is a genuine price mistake (that GAME occasionally refuse to honour). Good luck, everyone!
Thanks to gajamaflake at Hot UK Deals. Great find!