Its been 2 weeks now of news sites reporting about this thing. Its so fucking stupid that I don't even know where to begin. Everything started with an article in Game Informer's (not a legitimate source of news) April (month know for pranks!) issue where they talk about a new XBox with HDMI and a 120gb hard drive. I wanna go over each of the things I've read regarding this so atleast some of you know better.
The addition of HDMI on the 360 is more than just adding a port, there's an additional chip that must be on the main board of the system. Not even a breakout box will work. If Microsoft releases a system with HDMI all of its current customer base will have no way of getting HDMI without buying the new system. While Microsoft has been know to be evil, I doubt they are going to betray their customers, and only a year after their original system's launch. Pictures of a system with HDMI have been floating around. These are old~! Back around Christmas these popped up and when Microsoft was asked about it they said that HDMI was available on some of the dev units.
Now the 120gb hard drive is a little different. If released current 360 owners would be able to upgrade without needing to buy a new system. While it may be on the way, its not because of any of the reasons I've read. People have been saying that a larger hard drive will be needed for the IPTV service which is suppose to launch later this year. When Microsoft was showing this off back at CES they said that they planned to do it all through software and that everything would be server side, so no need for a larger hard drive.
I think there was a few other bits of info that "confirm" a new system is on the way. If anyone has something to add please post a comment and if i missed something I'll go ahead and add it to the post.