LOL No. You have to purchase an XBO at the time of the trade in. You CANNOT get store credit.
How is this desperation?
Best Buy had a promotion at the end of last year where you could trade in any 360 or PS3 for a $100 store credit. No one was crying foul then. As a matter of fact quite a few people here took advantage of that.
It's business people. Business!! Stop taking it so personal.
At least with the Best Buy gift card you can buy anything that Best Buy sells.