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  Microsoft: New Xbox 360 In Development for Two Years
Time: 11:46 EST/16:46 GMT | News Source: PC World | Posted By: Robert Stein

It's smaller, shinier, and back in black: Microsoft's new Xbox 360 took many by surprise at last month's E3, though some of us had speculated for months that a 'slim' model was in the works. More than just a component and size shrink, Microsoft added 802.11n wireless (previously a $100 external USB adapter) and packed in its premier 250GB hard drive without adjusting the standard system's $300 price tag.

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