Although we made up the way in which the indie developer procured such a rare find, The Behemoth really is giving away a 24-karat, gold-plated Xbox 360 console in an upcoming XBLA Castle Crashers tournament.
To qualify for the prize fit for a prince, players must "be in the top 100 Weekly Ranked Arena players on the Castle Crashers leaderboards at noon (PST) on January 28th." Players have a week to battle amongst themselves before a "1 on 1 Arena," single elimination tournament dwindles down the list beginning February 5. For more details, and information on secondary prizes, check out The Behemoth's official blog.
To the winner we say congratulations and, like you, hope your new golden system never suffers the ruby-red ring of death. Good luck getting that thing fixed.