“Our Cali source says that the console is a sleek silver device worthy of countertop display, and features an inhaled design that turns the harsh angles of the original Xbox into sweeps and curves. The device will also be able to stand upright or on it’s side, much like the Playstation 2. The side of the 360Â° is dominated by an oversized, back-lit power button called the ring of light, and the rest of the case can be customized with colorful designer face plates that pop on and off. The 360Â°s dashboard will also be customizable, making each console a thing totally unique to its owner. “
Kotaku is reporting that the new Xbox 360 will probably be backwards compatible with the previous generation, and it will come in two models – including one with an internal hard drive.