Ive read on couple of websites that Microsoft are going to bring out and new xbox the 540 of the slim.A Lot of people thought that it would be the Xbox 720 (360 x 2 ) and the circle and colors to be blue instead of green but actually there are same pictures of a slim a whit slim box like the PS2 slim and the drive of the wii but green and it looks really sleek and nice they said that it ll be for fall 09 but it might not even be real.

They also say that its got all the things the fans want like the much needed and wanted blue-ray player so it ll be competing with the PS3 and allow better games and blue-ray film’s.They said that the controllers will have motion sensors like the Ps3 for better game play.

It was said that the 65 NM GP-Us for Microsoft’s  Xbox 360 are rolling of the production line and the Xbox 360 consoles using the 65 NM technology and blue ray players is expected to ship this August but they said that there might also be the new 540 or slim.Xbox 540 will be using the Valhalla processor chip and is to be of a system on a chip design which will let them fit it into a very slim case.

TSMC are planning on producing the Valhalla chip which will be a dramatic change and a visual as well in where it will be the foundation of the mid-cycle refresh of the Xbox 360 and why it is called the Xbox 2.5 or the Xbox 540’ (360+180) in the fall of 2009.

This looks really cool and ill definitely get one to replace my elite especially with the new graphics and other additions here a picture of what it might look like: