[EDIT 2]
Newer story with more details, with interesting new tidbits:
http://www.engadget.com/2007/03/20/x...d-120gb-drive/
[EDIT 1]
According to Kotaku, it's confirmed via Game Informer that this oft-rumored revision is coming. As a 10+ year reader of GI, I can attest to the fact that they don't put in fake news stories like EGM does. Exciting.
http://kotaku.com/gaming/top/game-ma...ing-245472.php
-------------original post saved for posterity
Original Story
o_O
I just hope MS makes some sort of effort to lessen the blow to those of us who have the machine already and would appreciate those upgrades. I really don't want to be forced into buying a whole new machine in order to have the ability to output 1080p. Which, granted, I can't use currently, but the idea of a more future-proofed machine would be nice.
The only significant upgrade like this that I remember is the prog-scan enabled PS2 that came out late in the system's life. But by that time, most people who wanted it either had older machines that were crapping out on them, or hadn't adopted yet. Not to mention the price tag was half that of a 360.