Now this news is still somewhat speculative, but according to this article on Computer and Video games. The items below are “features” of the new console from MS:
– 1 million Xbox 360s in Europe by the holidays. 1.5 million by March 2006.
– No backwards compatibility
– Regional Xboxs, tailored to different territories
– No hard drive
– Current games are being delayed to accomodate the fact that there?s no backwards compatibility
Thanks to Joystiq for the linkage and data. If true (which I believe it to be), then I will stick with my older console since it works just fine and I like my current set of games…