The world of technology and gadgets is pretty fast and every year we see more and more awesome stuff being rolled out from all major tech manufacturers around the world. But the best part of the year is that when every vendor sets up the promotion and discount shows for the latest products.

The year 2008 saw a lot of candy poured into the market but what among these should you really consider buying? (if you haven't already)

Here we list some of the best deals this season which you really shouldn't miss out on.

Microsoft Xbox 360 60GB

The 2nd generation gaming console from Microsoft has finally seemed to recover from its issues, and being backed by a price cut earlier this year, makes a solid choice for a home entertainment system.

The 60GB version retails for $299 bundled with two games. There is also the Arcade version which retails for $199 and the 120 GB Black Elite version which goes for $399.

Apple iPod Touch 16GB

Nicknamed 'The funnest iPod ever', the 2nd generation iPod touch is unarguably the best MP3 player in the market right now. With features including a multi-touch interface, built-in accelerometer, 3D gaming, Apple App Store and more, this gadget is a must buy for any music lover who wants to listen to their library on the go.

The 16GB version retails at $299 and comes in a sleek black finish. There is also an 8GB version available which costs $229 and a 32GB version which retails for $399.

Dell XPS M1530

The Dell XPS M1530 is one of the best notebooks from dell that gives out a major competition to its rivals in the 15.4" entertainment powerhouse category. Backed by an Intel Core 2 Duo processor (2.5GHz and 6MB L2 Cache), 4GB ram, 500GB hard drive, high resolution LED display and discrete NVIDIA graphics (GeForce 8600M GT), the M1530 certainly has the right tools to smoke its competitors with an affordable price.

The above mentioned configuration retails for around $1499, though you can customize your from anything between $945 to $2000.

Nintendo DS Lite

Though the Nintendo DSi is out in Japan, it won't see daylight in the rest of the world till well into 2009. So this still makes the DS Lite handheld gaming gadget of choice with over 65 million units sold to date.

The standard Nintendo DS Lite retails at $129. If you can, then you could also get an import version of the Nintendo DSi from Japan which costs around $199.

Google Android G1 (Unlocked)

Though it may be a little late for Christmas this year, the fact that it would be fully unlocked is the perfect excuse for a late Christmas present. The Android powered cellphone comes with all the standard features you would expect in the T-Mobile version plus the ability to use any SIM on any network in the world.

It is only available to those who have an Android Developer account and it would retail for $399.

All these gadgets are a sure win recipe for an excellent holiday season. Be sure to share your ideas and gift suggestions via the comments below.