Looks like our friends over at Engadget have landed themselves a
picture and info of what appears to be the next version of the Xbox 360. Claimed to be from a source within Microsoft, the picture shows HDMI out. In addition, the other "enhancements" being claimed are the new 65nm processor, HDMI out with full 1080p support and a 120GB hard drive. The drive may or may not be included. The source says they may be available "soon".