Xbox 360 Slim

Via: Gamespot

Microsoft's showstopping closer for its Electronic Entertainment Expo press conference this morning was the unveiling of the most dramatic Xbox 360 hardware revision since the console launched in November 2005. Equipped with built-in N-wireless connectivity, a 45nm CPU and GPU, the new slimline 250GB Xbox 360 will include a built-in port for the Kinect motion-sensing system and a $300 price tag.

The new Xbox 360 is edging out its elder siblings.
The price tag of the current Xbox 360 Elite model is $300, which includes a 120GB hard drive and a comparatively bulky exterior. That model, which includes no wireless functionality, is getting a $50 price cut effective immediately. The $200 Arcade model, which doesn't even include a hard drive, is being similarly discounted, and will now only cost $150.

The $300 Xbox 360 slim will be the sole model for a while.
Ryan Moore, product marketing manager for Xbox, told GameSpot that both models are also being discontinued. Once they leave the retail channel, the new slimline Xbox 360 will be the sole Xbox mode on the market--for a time. Moore said that Microsoft is currently working on a second new Xbox 360, which will be offered at the arcade's price point of $200. He declined to say what functionalities the cheaper model would or would not have.