Around the Rumor Mill- Xbox 720

So once again the rumors around the Next Xbox (or the Nextbox as I like to call it) are starting up, following a PasteBin post from someone close to the Durango Project (supposedly). The source claims that Microsoft never considered an Always-Online DRM on their console, and that a new SoC chip will ship alongside Durango's default one will allow for backward compatibility. They also confirm the validity of rumors and drop some details on Kinect 2 and the new controller, and the Xbox TV. What do I think? I think that the possibility of accuracy is the same as any other rumor, and the process of finding out reliability is the same as any other rumor; that is, we have to wait and see if its true. If it is true, then Microsoft would have completely stole the 8th Generation Console Wars already with a beefy, powerful machine that's easy to develop for, consumer-friendly, with backward compatibility. As far as price goes, I'm predicting multiple packages, between the $299-$399 range, not ridiculous for the hardware your getting. A PC with that specs would be more than $600 easy.

Check out the awesome article by Peter Smith on ITWorld here.