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Guess what. It was announced on here and was confirmed. Microsoft has a new model of the 360 coming out next month. It is being designed to bury Sony further, and to compete more directly with the Nintendo Wii.
It will have a 120gb HD, record television like Tivo, and come standard with built in HDMI support. The even better news is it will retail at 479.99 compared to the 60gb PS3 at 599.99.
The other 2 models of the Xbox 360 will be dropping to 329.99 and 249.99
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