Free, Pay, or + Cash?

In signing up for DirecTV, the following offer for "free Sirius" radio was made to my wife and I:

• Free radio unit (with rebate)
  
• No monthly fee for 2 months (after using a Sirius gift card)
  
• Must pay shipping for the radio for $6.99
• Comes with a $25 VISA giftcard, good for ATM cash or sore purchases
  
• $80 charge if we do not activate the radio in the first 30 days.

A fairly confusing structure. I guess we come out ahead, we went ahead and did it.