North America will be getting a new bundle. After the announcement and launch of the new Elite Spring bundle, we thought that Microsoft had decided not to update the Arcade bundle. Apparently, a Spring Arcade bundle will start shipping later this week.

The Spring Arcade bundle is all about Microsoft-owned developer Rare. The new Spring Arcade bundle will include both Banjo-Kazooie: Nuts & Bolts and Viva Piñata.  Beyond the two-pack of titles, it is more of the same:  meaning an Xbox 360 Arcade with the built-in 256MB of flash memory with no hard drive and no HD cable, but it does come with a wireless controller however. It is as bare bones as you can get, but the two-pack titles help boost the value level of the bundle.

According to our sources, you should start seeing it arrive on dealer shelves May 5th or so; but as is most always the case, if your local retailer does not happen to need Xbox 360 Arcade inventory, you might not see it until after then.  So, we feel safe in saying that it will be around starting the 5th, but you might not be able to walk into a store and buy it off the shelf for about another week or two after then. We do know that the new Spring Arcade Bundle did not include a price drop, so the price will stay at $199 for the time being.