My employer offered this. It also included Microsoft branded hardware like the Xbox, mice, and keyboards. Most XBOX games are not made by MS so it didn't include any that I wanted.
However, from my perspective, I could buy it cheaper from a local retailer because it was the same price, but with MS I had to pay shipping.
The website sucked as well. No wonder no one took advantage of it. I figure with no one using it and the admin cost to maintain the crappy website, it was a no-brainer to ax it.
I did/do participate in the at home use program. That is sweet.