The “Break it Down” Blog

The whole scoop, and summary:

According to sources from German gaming site Xbox-Archiv, Microsoft will cancel the $299 Xbox 360 Core model, reduce the price of its current 20 GB Premium model to $299 (Euros), and release the new black Zephyr this May for around $400…

My guess is that the screen we reported earlier is what the revised $400 version will be, with HDMI and probably a 60 or 80GB hard drive.